AGY 0.00% 13.0¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-41

  1. 13,311 Posts.
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    Trying to read the future performance is largely a pointless exercise IMO but Im sure you could come up with an imaginary figure just as easily as anyone Guemar. Aim low and hopefully be surprised to the upside..

    The Companies current strategy has not been changed , that is find a strong offtake partner and get on with it....however the higher the shareprice the better our situation becomes with regards to funding, if we take on a strategic partner we want the coming in off a strong shareprice and idealy at a premium.

    It becomes a bit of a chasing your tail exercise , to get a higher shareprice we need a offtakes so entertaining the thought of going alone by raising off a high shareprice is stymied to a certain degree by that conundrum. IMO nothing is likely to happen untill the new plant has proved itself and we sell on the spot market in the meantime, which has already been eluded to by JZ , but going it alone is very unlikely IMO...

    Cheers Whisky
 
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