AGY 0.00% 3.5¢ argosy minerals limited

Ann: Trading Halt, page-276

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  1. 105 Posts.
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    Shall definitely be an interesting day tomorrow if our announcement drops!

    I have my fingers crossed that AGY will over-deliver like they usually do, I do feel that BG + Offtake might be asking too much however.

    While Pablo has the qualifications and expertise to be cooking up the good stuff, I cant imagine getting a new plant up and running would be a smooth or easy process. No doubt a lot of trial and error, as well as physical modifications/changes to the machinary on site also, and all of this takes time.

    More realistically, I think this announcement will relate to the lithium end product produced during the testing phase, and the sale of this product.
    I'm not an expert on lithium processing, however I imagine that the product produced during testing cannot just be further refined to BG by putting it back through the process, I'd assume it is sold off as what it is.

    Either way, I don't believe this announcement should have a negative affect on the SP. Either we have the magical 99.5%, or we are very close to it!

    Of course there will always be holders in it for the quick dollar and will spread doom and gloom on anything short of an amazing announcement. Need to keep this in mind with these big announcemens; think about the bigger picture.
    Last edited by Rnewton4: 04/06/18
 
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