AGY 4.82% 8.7¢ argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-89

  1. 10,477 Posts.
    lightbulb Created with Sketch. 2081
    The writing is on the wall, it is now clear that after all this time of having a operating brine processing plant that the Rincon brine is not economical at current Lithium prices, I wonder how much more money they will need to raise by issuing more shares to keep things going.
    This is how I always knew this would play out, hence why I invested in a far cheaper priced Li stock many years ago over all these so called high flyers that were 2 to 20 times there current share prices, best decision I ever made.
    More money being poured into this project will change little other than more shareholder dilution.
 
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