AGY 0.00% 13.0¢ argosy minerals limited

Funding

  1. 15,658 Posts.
    lightbulb Created with Sketch. 3084

    Hi all, 

    Long time lurker first time poster. Was wondering what everyone's thoughts are about Agy and its apparent delay in obtaining financing deal.

    Looking at other players in the similar field such as PLS, KDR and AJM - none of them seem to have any problem attracting project financing. 

    Also we see players committing billions in building refining plants.

    And here we are with Agy looking to raise a measly USD150mil for stage 3 but it doesn't look any closer to a deal.


    Funds and finance is defintely pouring into the lithium sector but just not for Agy. Just want to raise this as a concern and start some constructive talk regarding our ability to secure the funding.


    Can we sell some tenements like GXY did with POSCO for USD280mil ? I mean what have Gxy done with their brine? Why are they securing these massive deals where we seem to struggle for 150mil.


    I am truly stumped ..

    Last edited by kevin103: 04/01/19
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $182.5M
Open High Low Value Volume
12.5¢ 13.0¢ 12.3¢ $68.81K 545.2K

Buyers (Bids)

No. Vol. Price($)
40 1219407 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 518276 12
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
12.3¢
  Change
0.000 ( 2.00 %)
Open High Low Volume
12.5¢ 12.8¢ 12.3¢ 495210
Last updated 15.59pm 14/05/2024 ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.