General Discussion AGY, page-18923

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petesa

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15/11/23

23:46

Post #: 70926836
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Originally posted by Dand16: ↑

Lets's see what announcements can be announced:
10ktpa permit signed by Romy- she just held a meeting with companies operating in Puna discussing road infrastructure. Rio Tinto, Posco, Eramine plus others. RT currently waiting for their own 3ktpa plant permit. And so the others. Puna Mining not in meeting. Romy seems to be dragging her feet trying to squeeze every drop of manna she can get from the biggies. Is Puna Mining/Argosy not big enough for Romy to worry about? Or the fact that Puna Mining is a Salta family-owned company that is busy working out production issues hence she feels need not worry about building infrastructure? Perhaps Romy wants the permits to be her Christmas gift to the companies for their contributions to Puna, Salta. IMO it is not this month, more likely December 2023. Perhaps next quarter if production issues not resolved by then.
Filtration problems fixed and production ramping proceeding- Birth pains of this nature experienced by newly commissioned plants usually take time to be resolved. Depending on the machine parts involved and where they are sourced, it could take as much as a year to completely fix the problem. ( just my experience with a US-Phil joint venture in the 70's and different plant operation). That does not mean production is completely stopped, it would still be ongoing but at a relatively slower pace. Production continues while fixing of the problem is done day by day. IMO this announcement can come anytime but may also be not what everyone expects. But any info to update SH would be good.
Offtake/Funding Strategic Partner- I would think this is directly related to the EIA permit. No permit, no partner ann.
Drilling results update on resource- this is probably the announcement that is priority at this point and more likely be first in the ann queue.
Capital raising- unlikely as there is money till 3rd quarter 2024. By then, we should have the milestones on hand or bust.
AIMO

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Mmmm , maybe a year to fix the problem, when you think 1 to 2 years to commission a nuclear reactor, we could be on par.

AGY Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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