AGY 0.00% 3.8¢ argosy minerals limited

General Discussion AGY, page-15060

  1. 2,166 Posts.
    lightbulb Created with Sketch. 5800
    That's up to you.

    In regard to the output from the plant. I see it this way. 3% output of nameplate just means they haven't been doing steady-state continuous production. If you look at the announcements, they go on about plant works, which probably means ripping up parts of the plant and making changes etc during which production likely completely halts. In fact, the last announcement said they would be doing more of this though targeting more run time,

    'Current commissioning works have progressed to a semi-continuous operations phase, with planned upcoming works targeting to achieve continuous operations and leading to ramping up production operations during H2-CY2023'

    If they were at 30% and stuck for months, then I would probably worry a bit more. The show hasn't begun yet. Jerko and Puna Mining have a huge financial incentive to make this plant work. So, I just remain patient and let them get the job done.
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.000(0.00%)
Mkt cap ! $55.32M
Open High Low Value Volume
4.0¢ 4.0¢ 3.7¢ $205.5K 5.387M

Buyers (Bids)

No. Vol. Price($)
10 713132 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 385490 3
View Market Depth
Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.