AGY
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13.6% 9.2¢ argosy minerals limited

Ann: Rincon Lithium Project - EIA Approval Granted, page-103

  1. Rotane
    561 Posts.
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    24/04/24
    14:15
    Post #: 73498596
    My dear friend,

    If we assume $200m capex requirement (more or less proportional to the 2ktpa plant) and a $6k gross margin per tone produced, it would take ~3 years of production to service a prepayment to cover the whole capex requirement at current LCE prices.

    Thus, no dilution is possible.

    Argue against

    AGY Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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