AGY 13.6% 9.2¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operational Update, page-74

  1. 131 Posts.
    lightbulb Created with Sketch. 244
    Finally, here comes the graphs...
    Sorry for the timeshift but as I live in Germany watching the news about Putin's assault on Ukraine last night was more in the focus.

    https://hotcopper.com.au/data/attachments/4131/4131411-d950089f4b1c64a7c5d45976d699bb9d.jpg

    https://hotcopper.com.au/data/attachments/4131/4131414-94dcb4308a299c7321eb7267086ba9f9.jpg
    https://hotcopper.com.au/data/attachments/4131/4131417-c00338295a6997b6ef0b64b143f79d90.jpgAs usual interpretation "each to his/her own" before Simonoco goes nuts wink.png - Looking at the progress of the brine sytem, little wonders can happen within 4 weeks. Let's hope this is also possible for the remainings bits and pieces to meet the "mid 22 production target".

    I hold AGY since Feb 2018 and have averaged-down / accumulated over time. Since Mar 2020 I also invested in LKE and some other Li-Explorers in order to diversify my investment and put not all money on one horse. Atm I am glad I didn't need to specify my bids on "win", "place" and "show" and all horses are winners and in the green. This may well change in the future. As an Explorer you are being valued according to your resources and reserves. As a producer you will be valued according to your revenue and profit (plus your outlook on future opportunities). Of course nobody wants to miss an early Tesla / Apple / Whathaveyou, but it may be time that I re-allocate some funds into the next Li-Junior Producer.

    GLTAH
 
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