AGY 4.00% 12.0¢ argosy minerals limited

For what it's worth, ive reached out to JZ. He is naturally...

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    For what it's worth, ive reached out to JZ. He is naturally also taken aback with what's happened with the SP. He confirmed nothing has changed and all things we have been on track for, are still on track.

    Also, if it means anything, im a LT holder with a sizeable holding. I havent sold a share. Macros and shorting are the main drivers here, and unfortunately without news, I can see how the wider market is grouping us with the 'rest", hence the relative sell-down to levels already experienced by our so called peers (even producers). I think someone posted a comparison on here the other day. We were IMO one of the last in the space to sell-off in this dire macro environment. I do acknowledge that perhaps there is something more to what's happened?

    Yes SP isn't ideal, but the market volatility has had no impact on the company itself. Im sure we will here our much anticipated news in the coming weeks.

    Also as a side note, JZ reiterated that we are aiming for a prepaid-OT funding agreement (no equity portion), so the decrease in SP is not expected to have any negative impact on dilution.

    good luck all.
    Last edited by JM115: 24/03/23
 
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