AGY 6.82% 4.1¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-90

  1. 3,961 Posts.
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    You know what @GCar, you're right. I shouldn't have used the word normal. I'll retract that and rephrase to say that AGY's commissioning process has underperformed several peers, who were able to advance at a much faster rate; therefore, AGY's progress/performance has been comparatively poor when measured against others in the industry. Hope that's better.

    P.S. - Calculating CAGR upon hitting 50c isn't a relevant observation at all. Literally any shareholder of any company can daydream about potential returns. A more useful way to spend your time might be to quantify how AGY gets to a 50 cent share price and in what timeframe, then weigh that against the opportunity cost of other potential investments in the same sector.

 
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