AGY 8.60% 8.5¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-140

  1. 2,755 Posts.
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    @Captain Kiethy

    "The day I lose faith in the management is the day I make a plan to exit my position."

    I have my exit plan at the ready mate. Once approvals granted, 2ktpa steady and offtake/finance secured I'll be out of here at fair value (~35-40c). Maybe a bit higher if the hype is strong, which it usually is with AGY. Too many opportunities that have been wasted with a chunk of funds being tied up in a company who struggle to deliver maintained value. Not willing to wait another decade for AGY to throw that elusive "$1 party". Others may not mind the wait.

    All hindsight though eh. Key is to take advantage of the other plays to offset what's wasted in the meantime over here. Copper is going to be far more sort after than lithium in a few years, so starting to create positions there

    IMO DYOR.
 
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