AGY 2.63% 3.7¢ argosy minerals limited

General Discussion AGY, page-16246

  1. 14,079 Posts.
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    @Smith71

    Really?
    Well, that depends on various factors, in particular the growth trajectory of the company.
    Imo when we are producing over 10ktpa, we will be progressing with our subsequent expansion.
    The market is forward looking.
    How far forward is anyone’s guess, and de-risking plays a critical role.
    I seriously doubt that when +10ktpa is rolling out the door, and the next phase is under construction, that “the market” will settle for a P/E of single-digits just based on the “current” earnings. The subsequent phase will be dramatically de-risked and only 2-3 years away.
    I don’t buy your assessment or comparisons as particularly relevant!

    imo

    Time will tell.
    Good luck
 
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