AGY 5.43% 8.7¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-79

  1. 13,589 Posts.
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    Not so fast Robbie.
    How about some evidence to actually back up those claims?

    AGY don’t have the tenements to support 25 ktpa worth of ponds

    Readers here need to do their homework instead of blindly believing “statements of fact” like this.
    Be warned.

    Mina Romulo is 948 hectares.

    https://announcements.asx.com.au/asxpdf/20170823/pdf/43ln7z8hl42z8r.pdf

    https://www.argosyminerals.com.au/s...-20190730-jun-2019-quarterly-report-final.pdf

    Pushing out to 25ktpa might require circa 750 hectares of ponds in total. DYOR

    Sure, the western side of Mina Romulo has some topography likely not amenable to ponds, but to make a claim like that without specific detail on the suitable fraction of that 948ha is sloppy at best, downright mischievous more likely.

    Readers DYOR.
 
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