AGY 1.35% 7.3¢ argosy minerals limited

No need to speculate - it has already been outlined back in...

  1. 130 Posts.
    lightbulb Created with Sketch. 244
    No need to speculate - it has already been outlined back in February what we can expect smile.png
    As Viva said, Pablo knows Rincon best and there has been historic drilling before. So they probably know what to find.
    It is more a formal point to bring all this into a JORC.

    Let's just wind back some months and recapture what has been said (Feb. 10th 2022):

    https://hotcopper.com.au/data/attachments/4484/4484607-a279d0d40e73349ea609cdb73a4cd972.jpg

    They also said something about the 300m depth target:

    https://hotcopper.com.au/data/attachments/4484/4484610-b32deda12a48d71a94b6b02e9da99bee.jpg
    One thing to keep in mind if you are not familiar with brine resources is that depth matters because of the inhomogeneity of the soil.
    There are barrier layers that can separate resources and the porosity of the brine-bearing layers determines the flow rate.
    Therefore, the wells are also sealed at the edges to determine flow rates at different depths.

    GLTAH

    Last edited by cbetz100: 05/07/22
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
7.3¢
Change
-0.001(1.35%)
Mkt cap ! $102.6M
Open High Low Value Volume
7.2¢ 7.5¢ 7.0¢ $464.4K 6.486M

Buyers (Bids)

No. Vol. Price($)
2 332122 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 341629 6
View Market Depth
Last trade - 11.09am 26/06/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.