AGY 41.2% 4.8¢ argosy minerals limited

Independently prepared assessment of long-term pumping data at...

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    Independently prepared assessment of long-term pumping data at Rincon Lithium
    Project confirms positive results exceed previous results used in PEA
    Aquifer transmissivity at Rincon production bore PRP1 is estimated to be
    7,500m2/day after 120 days of pumping – permeability may be >2.5 times higher
    than assumed for the PEA
    Assumptions adopted in PEA found to be conservative – bore has performed better
    than expected
    Results increase confidence that overall aquifer performance will outperform PEA
    modelled pumping data
    Scope to refine the design to have fewer production bores or increase production
    Results provide further support for planned long term commercial scale
    development of Rincon Lithium Project.

    Also if you can manage to get 99.999% lithium carbonate from cow manure and turn a profit im keen to throw some $$ in.
 
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