AGY 2.78% 3.7¢ argosy minerals limited

Equity Raising Tipped Early February, page-17

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    A few quotes from the article - I would suggest its likely getting prepared for the immediate granting of the the 10,000 tonnes expansion - that news is expected to drop shortly of approval (and possibly offtake arrangements) followed by a raise after those announcements. Looks like AGY management are on top of the game looking at moving fast once expansion approval is granted to get funding sorted out, before the build starts.

    From the article:
    "But perhaps more importantly, Argosy also has government permitting underway to expand production five-fold, to 10,000 tonnes a year."

    "These permits were expected to land in late 2022 or early 2023, which would add another few hundred million dollars to its capex bill for 2026."


    "And therefore, should a raising land after Petra’s meet-and-greets, it would likely be weighted towards the capacity expansion."
 
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