General Discussion AGY, page-15916

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Billyjean

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26/07/23

15:37

Post #: 68993919
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Originally posted by GCar: ↑

Smith71,
Let’s start with your key point.
I don’t have access to hydrogeological modelling of the salar, so don’t know how exactly Rio’s eventual operations might impact our resource.
The short answer is: I don’t know.
But…. Have a look at other salars, like where Livent operate and have done for many years, and their neighbours (eg GLN and AKE) are still turning up huge and high-quality resources. Afaict, IF Rio came in and punched in a bunch of production wells right alongside our tenement boundaries, this could have a material impact on our resource, but I don’t expect this to happen and I am not expecting our resource to be significantly impacted by them, considering the proximity and expanse of the salar and their tenements.
Also, I can’t see Rio building out a massive operation there any time soon. Iirc they recently stated they were reevaluating their plans/timing associated with their 3ktpa starter plant. Even if they build say a 50ktpa plant this decade, the drawdown on “their” part of the overall salar resource should have little to no impact on us for a considerable time, imo. Unless they lined our boundary with wells, which I highly doubt they would.
JZ is a geo and would be the best source to clarify if you are geneuinely concerned/interested, imo!
I expect that he and Pablo have discussed this at length.
Cheers

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We’ll said. Best part of that was, if you are a genuinely concerned or interested, you should contact management yourself for answers and not hc. I’m sure Rob will ramble some rubbish that they can’t be trusted, although Agy is his largest investment, going off his post with his holdings. Lol

AGY Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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General Discussion AGY, page-15916

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General Discussion AGY, page-15916

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