AGY 0.00% 3.7¢ argosy minerals limited

Long time holder of AGY. Having had the Lithium sector cool...

  1. 125 Posts.
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    Long time holder of AGY.

    Having had the Lithium sector cool right off and now showing some signs of a heartbeat it’s a good thing to finally see.

    The issue I see is the share price of AGY has absolutely no strength at all. There is very little buying strength. This could be due to a loss of patience with share holders promising many things “imminently” and now from a straight stage 3 plant to a possible modular approach.

    At a 70m market cap and dropping it’s a guess where we might be in 12 months time. 50m or 500m?

    other Lithium stocks have started to move somewhat yet AGY has not shown that yet.

    Time will tell.
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