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8.9¢ argosy minerals limited

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JM115

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30/11/21

10:29

Post #: 57955010
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Originally posted by Jezzaaa: ↑

I just watched the YouTube video of an interview with both AGY and Galan.

Some primary take aways is that:

- funding was said to arrive in 3-4 months

- the funding will be linked in with an offtake arrangement including prepayment for resources.

- AGY will be looking to expand past 12,000 tonnes per annum after that.

- every month or two Jerko says to the people who have already made funding offers that they need to up their offer as the lithium pricing has moved higher from month the month. The potential funders up their offer to be in line with the market and many are desperate to secure lithium resources. Jerko will not take below what the market is offering, we have all the bargaining power.

It seems as Jerko has seemingly suggested before, it seems like funding is ready to go, it's just waiting on the permit approvals.

Cheers.

Expand

agreed Jezzaaa. it's almost like the strategic partners want the permits approved as quickly as we do!

it's a win/win. if permits get granted, then material deals can be locked in to allow the company to further progress. if permits take a bit more time, then it allows the company to demand better terms.

looks all good to me. 2022 will be monstrous.

AGY Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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Last 8.9¢		Change 0.002(2.30%)		Mkt cap ! $129.5M

Open	High	Low	Value	Volume
8.7¢	9.2¢	8.7¢	$231.4K	2.592M

Buyers (Bids)

No.	Vol.	Price($)
2	22447	8.8¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	236386	2

View Market Depth

No.	Vol.	Price($)
2	22447	0.088
4	938231	0.087
8	195113	0.086
11	100727	0.085
6	294933	0.083

Price($)	Vol.	No.
0.090	236386	2
0.092	46700	2
0.093	80712	2
0.094	50403	2
0.095	101130	2

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