AGY 4.82% 7.9¢ argosy minerals limited

General Discussion AGY, page-2581

  1. 3,567 Posts.
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    My beloved Cxo continues its resolute run. It is only a few more cents away from being valued at $1 billion MC.

    It’s true that no lithium producer is valued below $1 billion MC. CXO looks like it’s about to join those ranks.

    Yet! AGY will get into production about 3 - 6 months ahead of CXO. I believe AGY’s lithium carbonate resource is about double that of CXOs lithium carbonate equivalent (equivalent because CXO project is hard rock). And I reckon once AGY gets its 10,000tpa plant up and running, it will be generating greater revenue per annum then that of Cxo.

    Yet AGY is about 1/3 of Cxo’s market cap… IMO that just has to change. The good news is it is. A great day yesterday, an expected breather today.

    Below is AGY and CXO’s current chart. They look very similar. AGY following CXO. AGY should reach minimum 32c

    AGY:
    https://hotcopper.com.au/data/attachments/3703/3703307-a031010c9110296654176f33d8f3f218.jpg

    CXO:
    https://hotcopper.com.au/data/attachments/3703/3703315-b2f97704501c630db0d4dc75a82f6d84.jpg

    IMO

    GLTAH
 
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7.9¢
Change
-0.004(4.82%)
Mkt cap ! $119.3M
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8.3¢ 8.3¢ 7.9¢ $54.78K 683.3K

Buyers (Bids)

No. Vol. Price($)
2 159750 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 49113 6
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Last trade - 13.03pm 18/07/2024 (20 minute delay) ?
AGY (ASX) Chart
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