AGY 1.22% 8.3¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-81

  1. 13,730 Posts.
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    Do you judge technical progress based on market reaction in terms of sp movement?
    Good luck to you! Wow!

    “continuous production” means that the integrated plant is operating in an uninterrupted manner with a constant delivery of product; with “constant” being aligned with the designed process i.e. there may not be exactly x amount of product going into bags every single minute (it depends on the flow of each process step), but the plant is operating with a “continuous” flow of material.

    Imo it is absurd to claim that this “means nothing”, as it is indeed a key milestone towards higher output.

    “The point” is to ensure that each of the handling/ processing stages in the plant can operate together in an integrated fashion. This is undoubtedly significant progress and now we can move into a ramp-up phase towards capacity.

    Would you rather the company announce nothing until it reaches say 50% of capacity?
    Why?
 
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