AGY

5.00%

4.2¢ argosy minerals limited

Fully agree. I nearly lost faith and sold half of my holding...

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paulman

435 Posts.

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05/06/18

13:23

Post #: 33502486
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Originally posted by VivaLaVida ↑

Well @Khlar, as I warned you, these threads are being heavily bombarded by trolls and downrampers.

There are also quite a few holders who are understandably disappointed.... and I do count myself as one who had higher expectations for today's announcement.

But that said (and at the risk of being accused as having my blinkers on), the fundamentals haven't changed. Today's announcement has advised AGY has become a producer, all be it 1kg IG. Whilst BG is what we all aspire to and are waiting for, IG is a viable product.

The essential fundamentals are unchanged, and other milestones remain imminent in my opinion:
- BG confirmed
- JORC v1
- JORC v2
- PEA
- OT
- Stg 2 ponds completed
- Stg 3 strategic investment

To be honest, I contemplated selling a small parcel at open, cause a sell off on the back of this ANN was obvious, but I decided against it.

Today is a good learning opportunity of the games that are played on the stock market and HC.

I'll be interested to see how this plays out now over the next few days/weeks.... will the bounce be as hard (or harder) then the fall??? We'll have to wait and see what the next ANN reveals (and hopefully AGY will improve their communication!).

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Fully agree.

I nearly lost faith and sold half of my holding this morning. But the market reaction has reminded me of exactly what happened when QQ deal failed.

SP tanked to 25c and bounced back to 35c within half an hour, and hiked from current SP level to 48c in few months.

Lesson learnt and I agree with some of you here. Management has over promised and should've informed SH promptly rather than wishing for a last-minute miracle.

Will keep holding and we will get BG soon IMO.

Last edited by paulman: 05/06/18

AGY Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.2¢		Change 0.002(5.00%)		Mkt cap ! $61.14M

Open	High	Low	Value	Volume
4.1¢	4.2¢	4.1¢	$17.38K	420.6K

Buyers (Bids)

No.	Vol.	Price($)
5	450601	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	146892	2

View Market Depth

No.	Vol.	Price($)
4	425501	0.041
14	1161855	0.040
11	3139102	0.039
13	681280	0.038
11	1066018	0.037

Price($)	Vol.	No.
0.042	146892	2
0.043	120000	1
0.044	382711	3
0.045	123242	3
0.047	98988	2

Last trade - 16.10pm 06/09/2024 (20 minute delay)

AGY (ASX) Chart

Fully agree. I nearly lost faith and sold half of my holding...

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Fully agree. I nearly lost faith and sold half of my holding...

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