AGY 13.6% 9.2¢ argosy minerals limited

General Comments & Banter, page-12978

  1. 1,949 Posts.
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    Hi Tooler, your calcs seem about right. The resource approximation is based on 50tper hectare of ponds, that's the rough output per 12 months, this would equate to 400 hectares for 20kt. I suspect there is a bit of a contingency in there to allow for variables which affect production, such as weather etc.

    Also to consider, the ponds can be filled more than once depending on evaporation rates etc - so potentially final quantities could be multiples of the calculated resource.

    Here are my calcs, happy to be corrected on them -

    https://hotcopper.com.au/data/attachments/1501/1501664-857697766a784fe653c24a330ebdceaf.jpg


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