AGY 0.00% 3.8¢ argosy minerals limited

Ann: Rincon Lithium Project Update, page-257

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  1. 3,031 Posts.
    lightbulb Created with Sketch. 3712
    fair points, AGY is stuck here for a while if not lower, but the asset is fundamentally worth more in a bull market Lithium industry

    They covered the cash flow in the short-term, they will chip away at the 12ktpa plant. EIA in place so its really on their shoulders to get through offstake, partner etc.

    They have great hard rock next to silver peak

    and ultimtely lithium triangle acerage is worth alot in the long term.

    I'd agree over the next 6 months, dont look here, its not goingto be pretty

    But i believe if this shit poor management can keep this from going bankrupt, in an upmarket, AGY is worth much more.


 
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