AGY 2.78% 3.5¢ argosy minerals limited

Ann: Quarterly Cashflow Report (Appendix 5B) - December 2023, page-15

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  1. 14,163 Posts.
    lightbulb Created with Sketch. 8619
    I am gobsmacked by what some commentators (investors?) here state amd apparently believe. It is truly mind boggling.
    People now expecting that the filtration experts should have sorted it all out during their visit…?
    Oh dear.
    What on earth is it that they don’t understand about the following statement from the company, made in Nov:

    “The company has identified and planned the critical works schedule to rectify and improve the performance of the 2,000tpa facility, with a target to increase production operations in Q1-CY2024”
    and
    “The company is awaiting additional components to assist with some of the remaining scheduled works”

    The “specialist filtration group from Italy” was engaged to help identify a solution to the filtration issues. The work/equipment/steps for implementing that solution have been identified and scheduled. The company is implementing the changes and working through the associated testing phases to confirm and optimise the revised circuit.

    How any serious investor is not following at this point just beggars belief. Read the announcements!!!!

    One might argue that some are actually attempting to seed doubt here wrt progress etc, but even rudimentary analysis of such comments reveals total nonsense.

    It’s refreshing that some others see it for what it is and call it out also.
    Just wow.
    Last edited by GCar: 30/01/24
 
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