AGY 2.38% 4.3¢ argosy minerals limited

Ann: Quarterly Activities Report - December 2022, page-15

  1. 13,507 Posts.
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    Thats not what it said Pooh , the new ponds are not specified as being for the expansion which is 3 kms away and may well be required for the current operation...the pre development work appears separate..

    Cheers Whisky


    In addition, the Company received regulatory approval to construct an additional 20 hectares of evaporation ponds, which are currently in construction. The initial 10-hectare primary pond has been constructed and is commencing brine pumping operations. The remaining ponds are due for construction completion by the end of this quarter.

    The Company is also conducting pre-development works for the 10,000tpa operation, with renewable energy/power sourcing arrangements progressing, continuing drilling operations for industrial water usage, and preparing engineering/scheduling works.

 
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