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AGY

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4.1¢ argosy minerals limited

Good points.one point missing though, Pablo "is" the key. His...

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knotnauti

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07/03/19

11:57

Post #: 37683696
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Originally posted by scibble: ↑

Could the remaining 10 percent that Puna Mining S.A will hang onto post stage 3 development( Argosy gets 90 %), be something that any major company ( Japanese or South Korean) investing with Argosy would find unattractive and be a point of contention?

That is still a lot of voting power to Puna Mining S.A (remember 'Puna Mining S.A.' the entity own all the mining leases and Argosy has a share of Puna Mining S.A up to 90 %),

Only spit balling here but what if this is one of the hold ups caused by the big boys who want to have a broader span of control, maybe they wish Puna Mining S.A to hold onto less of the company- I could only imagine that Pablo Alurralde cannot be brought ( Remember Gangfeng wanted him in the early days and must have offered many things).

Sorting out figures and numbers for the oftake, Grade and stage 3 development could have been fairly cut and dried however something to do with the power of a company could be a much more delicate matter to attend to and take some time. I cannot imagine you would want to bite the hand that feeds you ( Mr Alurralde)

Not wanting to stir the pot just mulling over possible hold ups in the dare I say 'Imminent' Off take/stage 3 investment partner,

Appreciate some thoughts of those who have had dealings with foreign companies in a similar situation before....

Regards

Scibble

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Good points.
one point missing though, Pablo "is" the key.
His "secret refinement techniques".
Puna Mining is Pablo. Pablo is AGY. Maybe thats what they need.
inclusivity.

AGY Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 4.1¢		Change 0.001(2.50%)		Mkt cap ! $59.69M

Open	High	Low	Value	Volume
3.8¢	4.1¢	3.8¢	$187.1K	4.749M

Buyers (Bids)

No.	Vol.	Price($)
6	232615	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	723091	4

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No.	Vol.	Price($)
6	232615	0.039
7	1405821	0.038
14	1827269	0.037
28	3602870	0.036
27	2449706	0.035

Price($)	Vol.	No.
0.041	723091	4
0.042	1818672	7
0.043	1762500	3
0.044	571335	5
0.045	597150	10

Last trade - 16.10pm 11/10/2024 (20 minute delay)

AGY (ASX) Chart

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