AGY 13.6% 9.2¢ argosy minerals limited

More than 300 years ago the poet Alexander Pope wrote “A little...

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    More than 300 years ago the poet Alexander Pope wrote “A little learning is a dangerous thing:” ksixvos is a living proof of Pope’s adage.

    Around 1975, Prof Guillermo Chong Díaz, gave a conference in Salta about the recovery of lithium from Li-rich brines in Atacama, Chile. This conference lead two professors of the University of Salta, Antonio Igarzábal (Geology) and Rolando Federico Poppi (Chemical Engineering) to create in 1980 the Institute of Mineral Beneficiation (INBEMI) the only research institute of its kind in that part of the world. They choose the Salar del Rincon to carry out their research: Igarzabal drilled the southern end of Rincon to determine its reserves, while Poppi researched the recovery of Li from these brines using the conventional method of Mg and Ca precipitation followed by evaporation and recovery of lithium carbonate, the process still used in Chile. Poppi’s leading student wrote his thesis on exactly this topic. Surprise, surprise, that student is one Pablo Alurralde, who then went to study Process Optimization in the UK, to later-on become R&D Manager for Minera del Altiplano (FMC) and, more recently, patented a modification of the process FMC uses to recover Li in Hombre Muerto. Of course, according to ksixvos, “If he (Alurralde) likes to apply his knowledge from FMC he will be wrong. This high level of Mag needs other new tech.” In other words, according to our wise commentator, Alurralde may be an ignoramus that knows nothing about Li recovery.

    In the same posting ksixvos writes “Sorentino and Thomas both were part of the Ady disaster:” I would respectfully suggest ksixvos educates himself about the causes of ADY’s collapse, for example, by reading Chapter 6 of Trevor Sykes’ “Six Months of Panic:” ADY shares collapsed when one of Admiralty’s largest shareholders, Opes Prime, went bankrupt in 2008 and the ANZ Bank, that held Opes’ shares as security, disposed of the ADY stock in a fire sale that collapsed the price, which has little to do with Thomas. At that time, Sorentino was a consultant working in Rincon, never a director of or involved in the management of Admiralty.

    In another posting, ksixvos wrote “I know a lot of stories about Sorentino. He was who took to bankruptcy to Ady (with Phil Thomas) and now he is trying to sell again Rincón. Who believes in him?” As far as we all know, it is Alurralde, trying to JV Rincon. I also understand Enirgi, not Sorentino, owns most of Rincon, nor Sorentino is involved in Alurralde’s transaction: can ksixvos substantiate his allegations or are they just hearsay and/or defamation?

    Further, ksixvos, writes “Sentient was trying to produce in Rincón but never the outcome was more than 1 or 2 ton day. Like a pilot plant” which is precisely what they built: a 2000 tonnes per year Pilot Plant that has been producing, and selling, about that amount for the last 3 or 4 years.

    Will ksixvos come clean and explain why he is ramping down AGY and bad mouthing people?

    Cassandra, qui non crediderunt
 
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