Australia's largest stock trading and investment forum Australia's #1 stock forum

AGY

Click for more information

2.70%

3.8¢ argosy minerals limited

i’ve seen it many many times. A terrible announcement decimates...

First 231 Last

Share
Profile

Follow
Mlc2318

6,003 Posts.

751

24/07/24

17:59

Post #: 74899226
Share
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.

Expand

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
7 Upvote

0 Great analysis

Reply

Top Stories

LU7

The Breakdown: Lithium Universe talks financial modelling and lithium pricing in strong preliminary feasibility study for Bécancour

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ASX Market Open: Middle East tensions push oil higher and Wall Street lower, reverberating on the ASX200 | October 4, 2024

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 274 more messages in this thread...

First 231 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change 0.001(2.70%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
3.7¢	3.9¢	3.7¢	$81.36K	2.169M

Buyers (Bids)

No.	Vol.	Price($)
3	545770	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	15087	1

View Market Depth

No.	Vol.	Price($)
2	259049	0.039
1	50000	0.038
4	540500	0.037
23	2482708	0.036
27	2679749	0.035

Price($)	Vol.	No.
0.038	96168	2
0.039	1426254	8
0.040	715842	8
0.041	642500	6
0.042	1035817	10

Last trade - 16.10pm 03/10/2024 (20 minute delay)

AGY (ASX) Chart