AGY 13.6% 9.2¢ argosy minerals limited

once mr ellison firse up his wodgina mine in may now he has his...

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    once mr ellison firse up his wodgina mine in may now he has his plant up and running (not sure how efficient it is).
    It will flood the chinese market with 5-6% dso like he did a few years back but that was dso 1-2% straight out of the crusher.
    when we where in full swing there we where producing and sending to the ships at max production upwards of 40,000 tonnes of spodge by road train to port hedland at about 160$ a tonne back then these days he will be getting roughly 800$ a tonne 1-2%dso and upwards of 2500$ for 5-6% dso not sure exactly what this will mean for the market but from my calcs even at full capacity would be after refining to battery grade in the realms of 120,000 tonnes a year.
    still dont think its enough to waver the market too much but def had an affect last time we pumped it out there!
    Last edited by Goneflying: 06/04/22
 
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