AGY

5.00%

4.2¢ argosy minerals limited

Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-276

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Just_Westy

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20/06/18

14:38

Post #: 33828987
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Originally posted by EP247 ↑

I still think we aren't marketing our project optimally for those that only pay cursory glances at information or those that fall into the trap of bench marking us against well established or resource focused businesses.

Our aim is to be the next BG LCE producer and leverage from there. There are others out there focused on finding the best resource then becoming a producer in say 5 years or more. So the question really is, in this climate of hungry desperate customers is it better to start producing something ASAP or to find the worlds best resource and start producing in 5 years. To me its the former because the customers are here screaming for product. By the time someone develops the worlds best resource in 5 years they will have missed out on the disruption ramp up and will depend on new customers entering a well established macro world trend. It probably will happen but for me its better to be in at the front end of a global macro disruptive trend than late to the party.

So along those lines management should be making it blatantly clear that we are focused on producing to capture/engage customers and that our resource/infrastructure is PURPOSELY planned around that goal. Once we are up and running and engaged with our customer(s) then businesses growth is merely a matter of fact and not even necessarily on our current Salar.

IMHO DYOR

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A binding off take agreement and first batch of BG will fix that !

EOFY selling has put a dampener on many stocks right now, so I for one won't be concerned about SP for a while yet.

There is so much potential for AGY right now which just depends on what kind of deal management can do. I'm particularly keen on seeing what acquisitions if any AGY may come up with as well as a stage 3 deal.

AGY Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-276

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Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-276

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