AGY
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5.00% 4.2¢ argosy minerals limited

7 out of 7 Li experts still dont recommend AGY? why?low grade =...

  1. MrBeast
    112 Posts.
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    01/11/21
    21:48
    Post #: 57242598
    7 out of 7 Li experts still dont recommend AGY? why?

    low grade = high CAPEX (likely to be a cap raise soon to fund further expansion)

    small resource size = no finance from institutions

    sure there will be offtakes for the product but not so much for finance. what's the OPEX? What is the IRR? not feasible.


    AGY Price at posting: 29.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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