AGY 8.14% 9.3¢ argosy minerals limited

General Comments & Banter, page-9364

  1. 2,146 Posts.
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    I sold out my holding in AGY last week so you all can expect the share price to rocket any minute and have me regret my decision - I honestly hope it does and I kick myself and learn to have more patience for future investments.

    The reason I sold was because of the rapid expansion of different technologies that make ponds out dated, more likely than not I’m wrong I just can’t see a pond mine life greater than 5 years and with this particular process the fact the brine is required to be homogeneous - I don’t see how that can be guaranteed with a replenishing resource - I have limited knowledge but thinking as a potential OT partner there seems to be to many variables to lock in for a long term deal - I’d be happy for short term off take agreement though.

    Finally the last thing I considered was the fact that there has been no third party confirmation the samples actually cut the mustard - they have had enough time for that now in my opinion.

    I will be wishing you all the best from the side line. Good luck.
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