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3.53%

8.2¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-45

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10 Posts.

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31/05/22

13:00

Post #: 61726450
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Originally posted by Whisky49: ↑

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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OK Whisky; well done. But how does a producer in Argentina sell its Lithium carbonate in Asia(?) using FCL (20T) @ 40-day production rate. Does AGY use agents or will AGY only take FCL orders and deliver direct to client.from wharf.

AGY Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.2¢		Change -0.003(3.53%)		Mkt cap ! $117.9M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.1¢	$125.7K	1.516M

Buyers (Bids)

No.	Vol.	Price($)
1	8604	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.4¢	30010	2

View Market Depth

No.	Vol.	Price($)
1	8604	0.082
5	125090	0.081
11	566520	0.080
6	184670	0.079
3	407778	0.078

Price($)	Vol.	No.
0.084	30010	2
0.085	41176	1
0.087	100000	1
0.088	60000	1
0.089	27036	2

Last trade - 14.28pm 16/07/2024 (20 minute delay)

AGY (ASX) Chart