AGY 5.56% 3.8¢ argosy minerals limited

"...continuous plant operations from 27 April 2024, at our...

  1. 137 Posts.
    lightbulb Created with Sketch. 38
    "...continuous plant operations from 27 April 2024, at our Rincon Lithium Project." Those words came faster than I expected. Admittedly, "...9.7t of battery quality lithium carbonate" is a long way from desired/expected production levels, however some progress is better than nothing.

    More interesting/encouraging is...

    "The Company has further advanced potential product sales arrangements, following product testing works that achieved very positive product quality test results. The Company is determining its ideal sales/off-take strategy and timing for current product sales."

    This paragraph would suggest that 'continuous plant operations' puts AGY/Puna on the front foot to further pursue those sales/off-take agreements that seem to be a necessary requirement before the wider market will re-rate/increase AGY sp/market cap. AGY sp @ 12,13c is too cheap, but concede the market awaits more milestones/achievements before there will be any meaningful re-rating. So again, we wait...
 
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