AGY argosy minerals limited

Ann: Quarterly Activities Report - June 2024, page-180

  1. 789 Posts.
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    I don't believe anyone would require us to "drop" the 2ktpa plant, more likely that it was costing too much to continue trying to get it up and running currently. Though I do believe that a prerequisite of any expansion funding package would be to have the 10ktpa engineering complete and at a construction ready stage, so the potential partner could consider it in depth IMO.
    When BG lithium prices start to rise, I see the company restarting the 2ktpa operation, and have a funding agreement in place for the 10ktpa expansion. It will happen swiftly, but for now we just patiently wait, and if it suits your risk appetite, load up.
    DYOR not advice.
 
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