AGY 0.00% 3.8¢ argosy minerals limited

General Discussion AGY, page-23567

  1. 4,125 Posts.
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    @stevo004

    Need to stop reading alarmist headlines from people with vested interests. Chris Ellison is driving MinRes into the ground with a huge debt load and a lot of CAPEX spending still ahead. Naturally, he’s claiming that no one is making money in lithium to make their recent results look less bad. But that's simply not true. While current prices certainly aren't great, there are still companies turning a profit. Albemarle, Arcadium, IGO, Pilbara, SQM, and Sigma are all making money at these prices.

    These comments are just Chris trying to protect himself and downplay his company's poor performance and questionable acquisitions made during the peak of lithium mania.
    Last edited by Rob826: 30/08/24
 
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