AGY argosy minerals limited

Ann: Quarterly Activities Report - December 2023, page-58

  1. 14,697 Posts.
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    You made the accusations but you can’t back it up.
    Simple as that. Can’t put your money where your mouth is. Speaks volumes.

    btw I have consistently been optimistic about the potential of this company since I progressed initial specific research and DD back in 2016. As I continued my analysis and assessment, and have watched the company progress, my optimism remains and I have accumulated accordingly. Whether is takes 7/8/9/10 years for them to reach their production goals means very little to me, as the ultimate outcome offsets the “delays” by a loooong margin.
    The company continues to make very significant progress towards it goals and has continued to de-risk over the years - who can reasonably dispute that? This is the key factor to an investor like myself who has lived and breathed mining for decades and knows first-hand the realities of issues and delays and cost blowouts and resourcing challenges and macro headwinds and all the rest….. and can stay solvent for longer than the “market” can stay irrational. The specific timing means very little.
    Whether the commissioning (or the drilling or the permits or the construction) takes 3 months or 13 months or whatever means jack sh!t in the scheme of things.
    You can have whatever opionions you like about the company or its progress or its plans, but I will continue to call out and explain what I think is fundamentally flawed in your “assessment” and “reasoning” and overly pessimistic assumptions and unjustified criticisms. I will do the same for others also, but you and Rob and co get special attention due to your often extraordinary and poorly-founded claims, which imo are usually driven by some strange pessimism-bias.

    At the end of the day, simply ask yourself this:
    How has YOUR assessment and investment/trading strategy actually worked out for you?
    You can claim to have a good handle on analysis/charting/whatever but unless you can convert that into ACTION with successful outcomes, then you’ll still be here trading your pay cheque in another 20 years, spinning your wheels offsetting the odd win with losses and never getting seriously ahead. You won’t be alone though, that’s for sure.
    ps. I do not want or expect an answer to my Q in bold above, it is for you alone to ponder, next time you feel like baselessly criticising someone who is likely many many steps ahead of you.

    Good luck


    Imo
    Dyor
    Last edited by GCar: 30/01/24
 
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