AGY 2.63% 3.7¢ argosy minerals limited

General Discussion AGY, page-12037

  1. 3,051 Posts.
    lightbulb Created with Sketch. 3728
    well said JM115

    As a member of this investment community of i'd argue 6,000 holders i do hope holders think of AGY beyond the Rincon 2ktpa project.

    Alot of holders will sell the news as is expected after a long investment cycle, however in doing so would miss out on the expansion and what we often forget about is Tonopah

    https://hotcopper.com.au/data/attachments/5022/5022501-e3bb4f7d84b1efb952183d67a1c8e1fc.jpg


    This asset alone would have been a 100m exploration company if it was spun-out, as we get news of exploration target and thereafter we will have more value attributed to this project. Also worth noting this is a LCE operation in USA which is rare

    More than that, American Lithium did a PEA on a Tonopah project with land - 3.2b US! https://www.*****.com/news/2023-02-02/American-Lithium-announces-very-robust-maiden-PEA-for-TLC-with-after-tax-NPV-of-3-26B.html

    Worth noting:
    American Lithium is very far north from the big mine

    https://hotcopper.com.au/data/attachments/5022/5022568-5e696756f36cc9591ec719878c237592.jpg

    Where as we are right next to the big guys, so what will our resource be? Could and likely to be bigger than Rincon

    https://hotcopper.com.au/data/attachments/5022/5022561-c90219e09b4aa0c4e26f4ff49cfaf561.jpg


    This is in US operations; operating at the lowest cost profiles; attracting US Gov funding; and good acerage, as a explorer with a single hit, i expect it would be a 500m company; thats the agenda for 2023.

    Hold on to your stock IMO and DYOR
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $53.86M
Open High Low Value Volume
3.8¢ 3.9¢ 3.7¢ $92.47K 2.452M

Buyers (Bids)

No. Vol. Price($)
13 2417824 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 364714 6
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.