AGY 0.00% 3.8¢ argosy minerals limited

As @Jezzaaa might still be on holiday I'll share my...

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  1. 131 Posts.
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    As @Jezzaaa might still be on holiday I'll share my progress-tracking-charts:

    https://hotcopper.com.au/data/attachments/3946/3946903-50bf64a1c07b356989caa8e61fe736d0.jpg

    While these are only numbers and I am a big fan of visualizing things, let me share two graphs as well:

    The first one is depicting the elements of the construction phase:
    Lately the biggest progress has been made on the Utilities and the Plant itself

    https://hotcopper.com.au/data/attachments/3946/3946913-32786f7483f4440ca09427b16273a157.jpg

    The second chart is dealing with the question of completion. Will it be on time / as scheduled?
    If we continue with the current speed - NO (dotted orange line)
    If we speed up to the largest progress which has been made so far (green dotted line) we might complete the construction phase by end of May / early June.

    https://hotcopper.com.au/data/attachments/3946/3946910-14ca10353c01014f50a7e97308fd0f4e.jpg
    Looking for a "Date of Completion" for the construction phase you'll find in the table a quote from November stating "April 22" and December stating "late April" and from the recent January report no quote at all. Sometimes it is the things not being said which make a difference...

    Could also be that I am totally wrong with my linear interpolation. Who knows how they count their progress? Sometimes certain things are pre-requisite for a lot of others which can then happen in parallel.
    Anyway, we still have a global pandemic, a shortage of raw materials and industry goods and delays in shipping.

    As such I am still happy to see things moving and management staying on course.
    A lot of others have sold out for a quick buck (e.g. PSC), but here we are part of a lithium explorer who becomes a producer.
    Just like a caterpillar turns into a butterfly.

    Last edited by cbetz100: 05/01/22
 
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