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3.53%

8.2¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-40

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emerald1

261 Posts.

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31/05/22

11:01

Post #: 61722701
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Originally posted by Guemar: ↑

Can somebody update their numbers based on latest information as to our best guess of revenue, earnings, and then P/E to get a company valuation based on just what we know with conservative - say P/E x15 but for 12kta (I'd consider that expansion a given) - and then more aggressive with same P/E for for the extra 10kta and then a P/E of up to 25 for various production rates. To work it back to SP, we may have to allow for some dilution, but the way prices are we could possibly almost self-fund, albeit a bit slower.

Personally, I'd rather we move as fast as we can - with development of Stage 2 and proving the 2kta industrial production being on the critical path and intersecting, ie once production is proven we are ready to commit major capital items and charge full speed for Stage 2 - w/out cash restrictions.

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Please look at previous posts. I recall broker estimated $1.36 per share once 12k tonnes production confirmed. As a long time holder I expect it to go higher than that when the EV uptake accelerates and the lithium shortage starts to become really acute.

AGY Price at posting: 49.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.2¢		Change -0.003(3.53%)		Mkt cap ! $119.3M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.1¢	$136.7K	1.650M

Buyers (Bids)

No.	Vol.	Price($)
2	56113	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	1200	1

View Market Depth

No.	Vol.	Price($)
2	56113	0.082
5	124385	0.081
9	366510	0.080
6	238670	0.079
3	407778	0.078

Price($)	Vol.	No.
0.083	1200	1
0.087	100000	1
0.088	70000	2
0.089	27036	2
0.090	58823	1

Last trade - 16.10pm 16/07/2024 (20 minute delay)

AGY (ASX) Chart