AGY 2.63% 3.7¢ argosy minerals limited

General Discussion AGY, page-631

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    Over $1B. That's the reason the private equity fund moved them out of the funds shadow and created Rincon the company for accountability. It was a money fire pit.

    Taking into consideration all the sunk capital the ROI is shocking and will never return a profit running it themselves unless they crack it a license it out. But even today it's not economical or environment friendly at scale.

    There may very well be a fire sale at some point.
    Last edited by asxDragonslayer: 27/05/21
 
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