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3.45%

9.0¢ argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-230

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Dwnon4

1,952 Posts.

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26/05/24

07:34

Post #: 74010666
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Originally posted by pierre23: ↑

Won't be Tesla. JZ has made it a point that it will be korean/japanese tier 1 party in the EV/battery supply chain. LG Chem would be nice, but they did just sign offtakes with PLS, GT1, SQM, Compass Minerals and a second offtake agreement with Westfarmers.

We'll have to see what JZ's definition of tier 1 is though.. after some confusion of people thinking ATL is a tier one, I would expect him to know better. Noting that yes, they might be one of the more dominant companies in their respective market (consumer electronics), but not a tier 1 in quality/lithium volume compared to the EV market by any stretch and according to BMI.

Waiting game continues. 2-3 weeks time will be telling when we can see how much further they've progressed with production quantity now that the issues have been sorted.

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GT1 are still waiting on permits and drill results so these guys are a long ways off. LG Chem signed a $20m placement at a 43% premium back in May 2023 but have received no product since. AGY are a little more advanced with a process and permits ready to go which will be attractive.

AGY Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.0¢		Change 0.003(3.45%)		Mkt cap ! $131.0M

Open	High	Low	Value	Volume
8.9¢	9.5¢	8.9¢	$174.4K	1.901M

Buyers (Bids)

No.	Vol.	Price($)
1	284548	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	12030	1

View Market Depth

No.	Vol.	Price($)
1	284548	0.090
1	120241	0.089
1	100000	0.088
1	100000	0.087
2	61226	0.086

Price($)	Vol.	No.
0.092	12030	1
0.093	4374	1
0.094	24222	1
0.095	129794	3
0.096	401389	2

Last trade - 16.10pm 05/07/2024 (20 minute delay)

AGY (ASX) Chart