AGY 2.38% 4.1¢ argosy minerals limited

ARGOSY TO SUPPLY APPLE AND SAMSUNG, page-37

  1. 4,035 Posts.
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    That's like me saying 9.8 cents is expensive now because lithium prices might drop another 30%. You'd probably disagree and say something like "just wait until the market recovers," because you want to consider future changes. I'm guessing that you'd point out that we shouldn't make predictions based on current market conditions and prices, and that we should consider the future supply/demand picture. Inevitably, when lithium prices do improve and the share price goes up, you'd be quick to point out how wrong I was by saying 9.8c was expensive.

    However, you're happy to apply a double standard with GCar's "70-cents is buying low" comment, which failed to consider increasing supply and subsequently reduced Li prices.

    That shouldn't be too difficult to understand either. wink.png
 
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