AGY 2.78% 3.7¢ argosy minerals limited

So you don't agree the share price / market cap would be where I...

  1. 2,472 Posts.
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    So you don't agree the share price / market cap would be where I suggested it would be if we had all of those things delivered and signed off?

    Don't get me wrong, there are more absolute failures than there are absolute successes when it comes to AGY.

    "But we are producing battery grade!!!1" - In terms of absolutes, this is a failure because we aren't producing anywhere near enough.

    I would be very interested to learn if we could produce more product at a lower grade? I get it isn't optimal and there is a big difference in price, but I am curious as to whether the plant is able to get to 2ktpa at all for any product grade, or not.

    Sure, the SP hit a high of $0.80c, but everything was frothy at that time. And that was before a year of lies, failure and disappointment.

    A DFS that is 4 years old wouldn't have much value anyways, prices and costs have shifted a long way, and it would need to be re-done anyways.

    Knowing the state of this company, the process will get sorted, the 10ktpa approvals will come in and the "strategic partner" will make the DFS a condition of investment, and Jerko would need to go an spend the time and money to do the work anyways.
    Last edited by thecrabpest: 20/12/23
 
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