AGY 5.26% 4.0¢ argosy minerals limited

Although the 10ktpa plant is described as modular, it is...

  1. 265 Posts.
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    Although the 10ktpa plant is described as modular, it is actually a single 10ktpa plant which is in itself modular (i have enquired about this myself). In the current case (prevailing market conditions) it is preferable to build a single large plant and reach maximum production capacity ASAP to both take advantage of any economies of scale that may be available as well as get in on this high priced market action sooner rather than later. If funding can be secured this year, I would expect construction of stage 3 including pond development to begin in earnest as soon as approvals are received. I would like to think we could achieve full production rates by late 2023. That said, I'm certainly no chemist so I'm not even sure that's possible accounting for evaporation rates etc let alone the reality of early capital. Some might say "jousting sticks" to that (reference to a line in a cult Australian movie)
 
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