AGY 13.6% 9.2¢ argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-111

  1. 13,640 Posts.
    lightbulb Created with Sketch. 8284
    LOL

    I’ve said very clearly that it likely provides a few more months of funding.
    That’s great.
    We now have more time to get the plant humming along and get to point of regular income from product sales.
    That is exactly what we need for the 2ktpa plant.
    Qualification testing is currently underway with ATL in preparation for a potential offtake.
    Great!
    We have a decent runway now to get the plant producing at a rate that it can substantially “fund itself”.
    Great!
    Afaict if we can get to somewhere in the ballpark of 100t per month, that should cover most/all of the associated costs, and then the expansion funding can cover the additional cost associated with the expansion.
    Great!
    How long do we likely have to get to that point?
    Roughly 6 months afaict.
    Great!

    What was your point again?
    “On their last legs”
    ROFL.


    Try again.
 
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