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2.63%

3.9¢ argosy minerals limited

Ann: Rincon Lithium Project Update, page-229

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Mlc2318

6,003 Posts.

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24/07/24

17:59

Post #: 74899226
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Originally posted by Wheredidmy$go: ↑

It's a very strange turn of events.

All those employees employed over a considerable period of time, the recent investment, the 20t sale ... and so on.

Then poof, the better economics are to preserve what's left and focus on building the 10kt plant, when there has been no confirmation of anything near steady state production around nameplate.

It reminds me a bit of the 500t shutdown.

What am I missing? We are in a solid position in the current circumstances to secure funding at that level? If that's the case, then a release needs to be made clarifying the success of the 2k plant and its scalability or the logic behind moving forward trying to fund an additional 10kt expansion.

Learning lessons is pure obfuscation. The market requires some clarity.

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i’ve seen it many many times. A terrible announcement decimates a company and within a day or two another announcement bumps it straight back up again… let’s wait and see
AGY Price at posting: 4.9¢ Sentiment: None Disclosure: Held
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Last 3.9¢		Change 0.001(2.63%)		Mkt cap ! $58.23M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.9¢	$113.7K	2.916M

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No.	Vol.	Price($)
6	898298	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	191096	3

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No.	Vol.	Price($)
6	898298	0.038
7	1065851	0.037
24	2492708	0.036
29	2807561	0.035
6	1226910	0.034

Price($)	Vol.	No.
0.039	191096	3
0.040	994722	8
0.041	675788	7
0.042	1003264	11
0.043	1582232	4

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