AGY argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-25

  1. 1,464 Posts.
    lightbulb Created with Sketch. 574
    Sorry, you're right. Got my calculations slightly wrong. I would say 40 tonnes.
    Read the March ann again.
    The 5 tonnes that they referenced had been since they had begun testing. So not just Feb but rather since October last year.
    This means that they are exponentially increasing the amount increased each month.

    Maybe I am off in my assumption that for them to reach steady state production, that means they are hitting the 2000 tonnes per annum.
    So 166.6 tonnes per month.

    We are currently 3 months away (mind you I would assume that they would be at steady state for a week or even two before making the announcement)

    So Currently at 5 tonnes per month, April is 30 tonnes (ramp up is full steam ahead for this month), May would be 120 tonnes and then June 166.6 tonnes. (These are produced numbers so add to the total produced, which they are citing.

    Happy for anyone to jump in but these are my assumptions for the coming months.


    Last edited by ForeverNewbie: 03/04/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $21.83M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $44.86K 2.940M

Buyers (Bids)

No. Vol. Price($)
6 2500411 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 1983147 14
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.