AGY argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-93

  1. 13,895 Posts.
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    The pilot plant has a 500tpa capacity but who knows what rate they're running it at. At full capacity it has the potential to produce gross revenue of around $A35m at current prices with our share being worth around $A27m...but whatever rate its been running at or Lithium price sold at, its paying for the day to day running cost of AGY with cash left over and that's a very nice position to be in ...

    The pilot plant used to be the butt of many jokes from detractors but it may be having the last laugh..

    Cheers Whisky
 
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