AGY 8.14% 9.3¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-136

  1. 2,749 Posts.
    lightbulb Created with Sketch. 1283
    lol your comparisons are so illogical.

    You've been told many times, but for some reason you're unwilling to accept it, that those high prices were when AGY were at a pure speculation stage. Hype was running wild and throw in the eye-watering, bubble-popping lithium prices. For some reason you cannot accept that reality will never live up to speculation, and therefore is not an indicator of true value, "just because" it was that high years ago. AGY are a perfect case study of this.

    All the guys clutching onto the pump stage of the cycle is sad to watch, and telling that a lot of people don't understand how the market works. Time to come back down to earth fellas, the real numbers are going to be stark reality check compared to the $2billion dollars of revenue half you guys thought they were going to earn back in 2022.

    I particularly had a good chuckle at @Morecash thinking AGY was a $7b company rolleyes.png

    GLTA
 
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