AGY 5.71% 3.7¢ argosy minerals limited

Funding, page-4

  1. 17,261 Posts.
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    I just feel something doesn't add up in terms of hardrock lithium downstream players are forking out billions on processing plant , whilst we can't get 150mil to build something that would achieve BGE straight away .


    Does the economics make sense ? If we only need to spend 150mil to get our plant capable of producing BGE vs the other players having to spend billions in capex plant why are they getting the funding but not us?


    We should be getting multiple offers to choose from rather than being in our current quandary where the market doesn't think we will get the funding and are valuing the sp as such.


    Not saying we won't get the funding but it sure seems alot harder to attract 150mil than billions that others have already locked in.

    Just thinking out loud..



 
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