AGY 4.76% 4.0¢ argosy minerals limited

Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-137

  1. 8,837 Posts.
    lightbulb Created with Sketch. 1048
    Well the train is certainly beginning to warm up it's engine.
    To build a viable long term business is a very complicated process with many steps along the way , especially in the Li game , brine or hard rock. Just look at how many companies are struggling in the small cap mining area.
    Today's announcement de-risks the process and ticks off one of the steps along the way to where we all want to get to.
    Obviously we have more steps to tick off before we get there , and the train leaves the station...BG , Off take agreement , cost of production etc , etc.
    IMO , the market will take it's time with this and as the other steps are announced then we will see the market respond .
    Today is great step forward for the company , there will be selling into strength , but well done to all the LT holders , especially after reaching 18c on 5th May .
 
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