AGY 39.5% 4.9¢ argosy minerals limited

General Comments & Banter, page-8785

  1. 5,745 Posts.
    lightbulb Created with Sketch. 3327
    I think it's light too.


    If AGY can manage expansion of their resource, build plant capacity in stages along with ponds, and build OT agreements - then the need for further dilution to raise cash is vastly reduced.


    Also, will the market price for high grade Lithium still be $15k per tonne in 3 years time?

    Something to think about when buying your next car.


    How long before leasing companies refuse to offer finance with balloon payments on cars with Internal Combustion engines? At some point they will worry about re-sale values. Further, car financing is based on being able to use the car as the security for the loan (makes it much simpler). If future values of vehicles are judged to be worthless (at some point, ICE cars will be either banned, socially unacceptable or overtaken by EV's), finance will need to be offered on a different security basis - that will bias sales toward EV.


    How long before car manufacturers decide electric is the future and stop offering ICE cars simply because production volumes are dwindling (why do both?). And finance for ICE cars is difficult. 95% of all cars are financed, it will be a self feeding spiral.


    These factors could push up rates of demand suddenly and rapidly far exceeding current forecasts.


    IMO

    DYOR

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