Australia's largest stock trading and investment forum Australia's #1 stock forum

AGY

Click for more information

1.18%

8.4¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-173

First 173 Last

Share
Profile

Follow
Rob826

3,908 Posts.

1536

17/12/23

10:55

Post #: 71491507
Share

Originally posted by thecrabpest: ↑

"Our Expectations were given by their inadequate choice of words."

I think our expectations were set by their inadequate grasp on the complexity of scaling and commercialising the process.

Confident. Cocky. Lazy. Dead.

I'm not saying AGY is dead and gone, there's a chance to rise from the ashes, but there's got to be a pretty significant change in the way things happen given strong correlation with the process and timelines...

Confident they could produce high grade product.

Cocky when they do that, despite being non commercial quantities.

Lazy when they decide to abandon getting the pilot plant to nameplate.

Dead, currently, evidenced by the fact they've had to call in experts, it appears the whole process and circuit is deficient, and there's no clear path or timeline that will guarantee the outcome everyone demands.

I've been saying for a few months now that there needs to be a Plan B.

Every day, week and month that goes by without a breakthrough is a day that this company gets closer to permanently damaging any remaining credibility.

1.4 Billion shares on issue.

It won't stay there forever unless something drastic changes.

Expand

1.6b SOI by close of Q1 is my guess.

AGY Price at posting: 12.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

VTM

Victory Metals boasts Australia's largest indicated REE JORC-compliant resource

EOS

Electro Optic Systems inks 92% revenue growth for 1H CY24

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 24 more messages in this thread...

First 173 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 8.4¢		Change -0.001(1.18%)		Mkt cap ! $123.7M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.4¢	$32.07K	377.3K

Buyers (Bids)

No.	Vol.	Price($)
4	219775	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	21509	5

View Market Depth

No.	Vol.	Price($)
7	250479	0.085
4	219873	0.084
4	99183	0.083
2	136585	0.082
2	114691	0.081

Price($)	Vol.	No.
0.086	113611	2
0.087	100000	1
0.088	232558	1
0.089	69615	2
0.090	91167	2

Last trade - 10.23am 16/07/2024 (20 minute delay)

AGY (ASX) Chart

SPONSORED BY