AGY

8.14%

9.3¢ argosy minerals limited

Did you actually read my addendum? I realised that the brevity...

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bigmattp

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10/05/19

13:33

Post #: 38506798
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Originally posted by wallstreet2: ↑

Scaremongerers !

Some people cannot help themselves to continually look at potential negatives and choose to ignore the positives.

1) The worldwide revolution in transitioning en masse to Renewable Energy, Ev's, Battery Storage, Solar etc is not negotiable , and will continue unabated as the future existence of the human race and the the Planet as we know it is dependant on reversing the climate change trend. Some well regarded scientists have again repeated recently that the trend must change and we have 15/20 years to reverse it (do not listen to Trump, Australian Liberal Party etc as their only interest is to stay in office at "ANY COST")
2) In view of the above DEMAND FOR LITHIUM will continue to outstrip supply for a very long time irrespective of what some so called experts say (mainly out of self interests), and that will UNDERWRITE growth in the LI sector for
many many years to come.
3) Argosy continues to tick all the boxes towards becoming a producer of BG LCE and Hydroxide in the not too distant future and have the inhouse expertise to produce same (unlike many other wannabe hopefuls)
4) The outcome of the Elections in Argentina will not affect the Lithium sector/exports one bit. Irrespective on who wins (like Australia --Liberal/Labor) nothing will change for the worse. In fact the Argentine Economy needs all the exports it can achieve (especially from mining/minerals/Lithium etc) as that is basically the only way they can:
--- Create more employment
--- Increase their Foreign Currency Reserves ( to assist in repaying existing Loans from the IMF)
--- Increase tax revenues from mining Royalties and stronger employment
--- Increase Gross Domestic Product (GDP)
--- Continue to receive support from the IMF by way of loans etc. Economic growth will be a prerequisite in order to obtain new loans from the IMF to assist in greater economic growth
5) Either Macri or the Opposition have no choice but to ensure greater economic growth is achieved and to that they need to achieve the above mentioned points. Failure will see other party out of office and their motivation is to stay in office as long as possible. EGO is a big motivator.

Therefore best not listen to the doubters because their reasoning is totally misplaced and not based on facts and what motivates the human spirit/needs.

AGY is well placed for success IMHO.

DYOR

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Did you actually read my addendum? I realised that the brevity of my initial comment could be misconstrued. Highlighting the fact that political uncertainty will have an effect on large scale insto investment in the short term, and therefore affect the short term share price is hardly 'scaremongering' - it's common sense.

I agree completely with your post and it's contents - but these are long term targets.

AGY Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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Last 9.3¢		Change 0.007(8.14%)		Mkt cap ! $135.4M

Open	High	Low	Value	Volume
8.9¢	9.4¢	8.7¢	$168.6K	1.860M

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No.	Vol.	Price($)
1	100000	9.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	100000	0.090
3	472915	0.089
3	78883	0.088
2	184482	0.087
4	164883	0.086

Price($)	Vol.	No.
0.093	299999	1
0.094	14000	1
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0.096	405763	3
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Did you actually read my addendum? I realised that the brevity...

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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Almonty locks in govt agreement for tungsten oxide plant in South Korea

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

ASX hits all time high out the gate on Friday trades following bullish US inflation data

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Golden Deeps eyes prospective Cu-Au tenements in NSW with HOA

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Did you actually read my addendum? I realised that the brevity...

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Golden Deeps eyes prospective Cu-Au tenements in NSW with HOA

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Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News