AGY 0.00% 3.8¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-161

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  1. 14,034 Posts.
    lightbulb Created with Sketch. 8530
    The problem is that fresh and/or uneducated “investors” do not have realistic expectations when it comes to development process and timing.
    The forum is full of clear examples.
    Most expect to get rich quick. It’s a pipe dream.

    Do I need to repost the summary of development timing for various Li projects again, for the strugglers to get some perspective around how long things actually take…?

    Just read the recent posts for clear examples of baseless “concerns”!!
    Comments like 12ktpa will take more years or whatever it was to that effect - of course it will, it takes 2+ years to just build a plant of that size. It will take ANY new li developer “years and years” to get to production if they haven’t started construction already. Talk about stating the obvious, and dressing that up as some sort of “discovery” or valid “concern”.

    It’s ALL about understanding the detail and appropriately managing expectations. There are some posters here who clearly can’t do either.
    The constant whining about “broken promises” is a perfect example. Other statements like “sentiment and Li pricing won’t move the stock” are other warning signs that some have little understanding of driving factors.

    At the end of the day, one needs to compare to peers or precedents, and consider relevant modifying factors, if they genuinely want to “assess” progress.
    Those who have done that aren’t the ones whinging. Funny that.
 
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