AGY 2.38% 4.1¢ argosy minerals limited

General Comments & Banter, page-2122

  1. 5,805 Posts.
    lightbulb Created with Sketch. 3442
    Some healthy questioning presents a balanced point of view.
    My current attitude toward AGY is Both negative and positive (a quantum state).

    POSITIVE
    This is a great project.
    In the scheme of things, a few more weeks for confirmation of BG Li (and realistically, provided they achieve it anytime this quarter) is a game changer.
    I am confident (without being certain) they will deliver.
    The share price will jump 20 to 30 cents on this news.

    NEGATIVE
    They've known for sometime (January probably) that announcing "We've successfully produced BG Li in commercial quantity and have proven a sustainable process" was NOT POSSIBLE before May 2018.

    They likely knew the plant wouldn't be complete until Late March, and that Pablo would need a minimum of 6 to 8 weeks to tune-up the process.

    From my perspective having a clear realistic timeline on the BG Lithium announcement (i.e. "target 2nd QTR 2018") would have been useful.

    Damn - almost got there, and it might be tomorrow - but then again, it might be 1, 2, 3, 4 ... weeks away.

    IMO
    DYOR
    Last edited by MarketingMan: 03/05/18
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