AGY 13.6% 9.2¢ argosy minerals limited

General Discussion AGY, page-3772

  1. 190 Posts.
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    Pi.. myself with your comment - You badly need that to add to the spoonful of Li you guys have defined in your four year old scoping paper.

    we do not badly need to add to anything. Will produce 2000Tpa of Battery grade Lithium , which will sell. Mitsui will take whatever we produce - no issue.
    So at current prices that is AUD 50 to 60 mill profit for AGY. I hardly think that puts a small producer like AGY in a position where they "badly" need anything ! Fully funded plant, no debt … where exactly is the panic for them ?
    Expanding to 12000Tpa though will put them into another league !

 
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