AGY 8.70% 5.0¢ argosy minerals limited

Ann: Rincon Lithium Project Update, page-13

  1. 623 Posts.
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    It is clear (in my opinion) that the cost to produce carbonate from the plant is significantly more than the potential sale price. Also, they haven’t been able to reach nameplate due to some issues that they have learnt from and will improve in 10k plant etc. Doesn’t look very good.

    I might buy for long term if this really drops a lot over the next month.
 
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