AGY 4.76% 4.0¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Project Update, page-26

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    To any "brand new investors" who may have misinterpreted something:



    https://hotcopper.com.au/data/attachments/3172/3172751-1bdc3e3ff648531454b6624cad7ef85d.jpg


    i.e. from about Feb 2023, the 10ktpa target will apply.

    The 2ktpa plant should be built early 2022, with commercial production from mid-2022.
    It seems that the company expects rapid expansion to 10ktpa within the following 12 months.

    Achieving a rate of 2ktpa in 2022 and 10ktpa some time in 2023 sounds mighty fine to me.


    (that excerpt above was from the 2020 annual report btw, issued 25th March)


    DYOR!

    Last edited by GCar: 12/05/21
 
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