AGY 2.44% 4.2¢ argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-328

  1. 13,939 Posts.
    lightbulb Created with Sketch. 8484
    How about you tell us again that:

    My calculation is that AGY would be producing BG lithium at circa $70-80k per ton. That is just not financially viable.

    or:

    “If AGY was ever to scale past 2kt/pa would the resource not be depleted when it reaches 10kt/pa? Basic arithmetic would so yes.”

    or:

    “If the 20 ton you produced was not profitable, how will it be profitable when you scale to 2,000t/pa or 10,000t/pa?”

    or, wrt to LPI buyout:

    Nothing under $1. Mark my words

    oh, and this was rather prophetic of you - from a few years ago - targeting AGY but ended up true for your beloved LPI:

    But most of the Li juniors wont be around in five years from now.
    “remember that 80% of the Li juniors will not make it to production”


    Zingers!!
    Fundamentally flawed!!

    Lotsa belly laughs though. lol


    The bottom line is that AGY is steadily moving towards commercial production and expansion - something that LPI simply could not do, even with their great resource, permits etc.

    Funny how the haters always come out of the woodwork to hose down any signs of great news for us.

    iirc we usually see a bombardment before we go on a bit of a run…. Must be getting close.
 
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