AGY argosy minerals limited

Ann: Quarterly Activities Report - June 2024, page-182

  1. 3,295 Posts.
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    Also, lithium may never get to "required" prices by AGY's standards until later this decade or into 2030.

    For a micro cap company, situations like these usually either end in VA, or shareholders get completely decimated by dilution via the sheer amount of raised capital needed to pay for wages while they 'sit and wait' with 'engineering plans' in hand.

    This is worsened by having only a single project.

    Anyhow, either way you look at it, investors must be comfortable with their money being tied up for the next 3-5 years at least with little to no return (likely the opposite).
 
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Price($) Vol. No.
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