AGY 2.63% 3.7¢ argosy minerals limited

Ann: Rincon Stage 1 Plant operational, page-34

  1. 2,476 Posts.
    lightbulb Created with Sketch. 2036
    Sorry to be a spoil sporting realist. Me, like you, would like to read all sorts of wonderful things into this ann, but: Isn't it just saying what we and the market had already anticipated? That the plant is operational. Thus, given current market sentiment, we could even see a drop.

    Sorry, but the level headed, emotionally disconnected part of my AGY investment brain, and my own engineering, commissioning and pilot plant experience says, that we should not count our chooks until they are hatched. Let's not curse it. For the sake of AGY we do need to prove that battery grade lithium carbonate at 99.5%+.

    Until we have that proof we must not celebrate, and SP may not move much either. Sorry. . Would be very happy to be proven wrong though.
 
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