AGY 13.6% 9.2¢ argosy minerals limited

General Discussion AGY, page-11527

  1. 5,434 Posts.
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    You know in his own terms, our demo plant is going to bring in millions of dollars in revenue per week? More than enough to fund our 10,000TPA plant, and when that's up and running we'll be bringing in almost as much revenue per year as our current market cap, and with any luck we'll then more than double our production. Very likely, within about 4 years, we'll be bringing in a lot more than our current market cap in revenue, per year.

    Even at half the current spot price, after completion of the 10,000TPA plant, we'll be bringing in around half the current market cap in profit per year. However conservative you wanted to make your P/E multiple, that makes it a multibagger from here, and if you wanted to 'overhype' it, you'd have to at least go for about x10 and ignore dilution (which we quite likely won't have an issue with in reality anyway), so, even without basing it on high lithium prices (literally using half the current price) or expansion beyond the 10,000TPA plant, or a radical P/E multiple or any other potential hype, you're looking at a share price of over $3, although... that's still using mostly conservative figures and we'll probably exceed $3. When we get that permit, we're going to fly. If we actually did get overhyped like some of the others have, we'd be looking at a share price of over $10. That probably would be overhyped especially at this stage, but not to a greater extent than some other lithium companies which haven't even managed a pilot plant.

    The only way this can avoid being a multibagger is a massive and sustained crash in lithium price, no further permits being issued, the method not working as they say it does, or some sort of disaster.

    Hey, call it overhyped if you like. I'm almost starting to think you and Louis are making silly comments like this to deliberately try to make everyone point out in simple terms how fantastic the value of AGY is in order to drive the point home, encourage buying and make the price start to move towards fair value. If so, good job, it seems to be working. Thank you
 
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