AGY 8.14% 9.3¢ argosy minerals limited

General Discussion AGY, page-4247

  1. 3,424 Posts.
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    What is a much larger rise? The fundamentals are going to kick in at today’s prices it’s earnings of 7 cents/ share in USA cents. At a multiple of 15 then the share price should be about $1 when the full 2000 tons come into play LESS the costs to run the company. So if the all in costs of running AGY are around 30% then the earnings would be around 5 cents/ share. So the 40 cent share price is currently running at about 8 times the share price today. AGY only becomes a player when they construct itself to produce 10 000 tons/annum.
    Lets just step back and determine the reality today and expect to wait around 3-4 years for the 10 000 tons to actually be sold. 2022 is the year they lift production to 2000 tons. 2023 is the year they commit to 10 000 tons and start construction to achieve this and then 2024 to 2025 to Aquire and sell their first 10 000 batch.
    I’m just being realistic. The lithium price will be critical to a company of this nature and the Lithium price cannot sustain a continual price increase like it has or the cars will become non competitive to produce and sell.
 
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