AGY argosy minerals limited

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1.5¢

Ann: Rincon Lithium Project - EIA Approval Granted, page-386

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14,697 Posts.

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10/05/24

21:20

Post #: 73771968
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Originally posted by thecrabpest ↑

"Think you need to be careful with throwing the market doesn't seem to buy this ann comment."

More than 2 week on, and the share price is still only $0.125c

"AGY has been bullied and beaten to a pulp over the last 18 months and with that comes with a significant loss of interest."

What rubbish, they have not been bullied at all, they have been punished for missing every single deadline that THEY put out and used to mislead investors.

Jerko also missed the boat with relation to the opportunities that others were able to capitalise on.

Pablo has let his pride get in the way of progressing the business. He has the company by the balls, and it is a toxic structure which is turning out to be very BAD for shareholders.

"AGY have only made 81 tonnes to date... They could have wanted to produce 20 tonnes last month and produced 14 tonnes. (70% success rate, which means if they turned it to scale we could be in the 3 digits however, the waste would be huge."

The evidence we have after how many months / years is the process works, but it does not scale.

Now there is a 12,000 tpa permit, they need to produce 12.5 X the 80 tonnes they have produced SO FAR every month going forward in order to hit their quota. There is no chance of that happening in the foreseeable future with the current situation and people.

There is no Plan B, and that means there are very few prospects for the current process to scale as required, which means they will be selling a few tonnes to keep paying salaries, whilst holders are expected to just wait for them to figure it out.

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This type of emotional outburst isn’t going to age well imo.

wow

“there are very few prospects for the current process to scale as required”

“There is no chance of that happening in the foreseeable future with the current situation and people”

I’ll just leave these opinions here for future reference.

AGY Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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Ann: Rincon Lithium Project - EIA Approval Granted, page-386

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Ann: Rincon Lithium Project - EIA Approval Granted, page-386

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