AGY 2.63% 3.7¢ argosy minerals limited

Ann: Quarterly Activities Report, page-4

  1. 6,892 Posts.
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    As expected nothing in it...was falling asleep reading it.

    THEN...
    Is it just me or are you guys seeing this too?

    complete a binding investment agreement for Stage 2 funding for the Rincon Lithium Project. Such agreement may likely be complemented by agreements for off-take or other value-adding commercial agreements, and a high-level agreement in consideration for potential Stage 3 development of the Project.

    I've read the past announces carefully many times...and he normally says some vague bits about a future deal. He's NEVER said or "worded it" like that!

    He broke it down by STAGE 2 and 3.
    -He basically saying the deal is STAGE 2 being a OFF-TAKE for the LCE.

    Then!!!
    ..."high-level agreement in consideration for potential Stage 3 development of the Project."

    He's not saying OFF-TAKE ...BUT...high-level agreement. Why not JUST say agreement or potential agreement?

    I've been reading this stuff for 25 years...you NEVER legal put yourself in a box. You ALLWAYS under promise.

    High level...It's got to be a PA deal with QL.
    Or you'd just say...OFF-TAKE for S2 and S3.

    Everything I hear has been a EPIC deal...yet up until now...AGY has been vague about STAGE 3.
    THEY...not me just said this.

    OK...now I'm back.
    Depression over!  

    IMO
    DYOR!
 
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