AGY 0.00% 3.7¢ argosy minerals limited

From memory 1kg of Li makes roughly 5kg Li2CO3.So resource...

  1. 2,238 Posts.
    lightbulb Created with Sketch. 947
    From memory 1kg of Li makes roughly 5kg Li2CO3.

    So resource equivalent would be 16.2x10^6 x 1.1% (average) x 5 = 891 kt Li2CO3.

    Or at say 25 yrs LOM 891/25 = 35 kt Li2CO3 pa.

    i.e 35kt pa Li2CO3 @ 25yrs LOM.

    or roughlky $30k x 35k = roughly $1B revenue pa for 25 years.

    Or say 15 x 1B / 1,713,178,294 = $8.75 sp

    Back of coaster stuff using carbonate as apposed to spod but not such an "only".

    Disclaimer I hold CXO @ 23c.


 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.000(0.00%)
Mkt cap ! $53.86M
Open High Low Value Volume
3.9¢ 3.9¢ 3.7¢ $45.77K 1.200M

Buyers (Bids)

No. Vol. Price($)
8 1412593 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 100000 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.