AGY
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3.45% 9.0¢ argosy minerals limited

Bell Potter note out today. last sentence may be of interest to...

  1. Surferxxl
    518 Posts.
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    21/06/22
    17:27
    Post #: 62119114
    Bell Potter note out today.

    last sentence may be of interest to AGYers

    We expect AKE’s near term cash generation to lift substantially into 2023 as strength in lithium commodity indices flows through to lagged realised prices. AKE is aiming to maintain 10% share of supply in a global lithium market experiencing unprecedented growth; it has a portfolio of growth projects, balance sheet strength and cash flow from existing projects to achieve this. On our estimates, lithium demand will lift from current levels of around 500ktpa to over 1.1Mtpa in 2025 and more than 3.2Mtpa by 2030, driving market deficits and lithium prices
    AGY Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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