AGY 8.14% 9.3¢ argosy minerals limited

Ann: Rincon Lithium Project Update, page-19

  1. 5,726 Posts.
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    No bad news.
    But, it's a progress report; however, it's a good progress report.
    I just can't believe they haven't already processed some brine to test the plant out; I am not buying that.

    2 stage JORC.
    Maiden JORC based on existing data, and an upgraded report based on new data from new drilling.
    Hmmm, wonder what that means.
    I am hoping it means that they think they can get confirmation of an even larger resource estimate.
    They wouldn't be releasing a first estimate if it was poor, they would just say "still waiting for future drill results."

    The first JORC can't be far away.
 
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