Most of the fingers are still crossed, always necessary with anything in the stock market unless your an insider.
But as for the reality of what this under rated battery quality lithium PRODUCER has actually achieved is not fully factored into its share price by a long shot where many of the other less advanced lithium stocks are doing more to produce hype than lithium it would appear! No names mentioned you can work that out for yourself. AGY are a serious producer now and as Mr Zuvela said ... We have become only the second ASX-listed battery quality lithium carbonate producer on the ASX and have advanced strategic arrangements in place for developing the 10,000 tpa operation.
Now apart from this they have now 30 million sitting in the bank to play with as they produce tonnes of battery grade lithium.
The other thing is the total and absolute lack of hype we get from the company which probably frustrates some of the punters here, but here they are in Argentina quietly getting on with the job and then, BOOM! an announcement, oh by the way we just shipped 20 tonnes of battery grade lithium to Korean customer.STRONG BUY
- Argosy Minerals (AGY) will ship 20 tonnes of high-purity lithium carbonate produced at its industrial-scale pilot plant to a Korean customer
- The company says the sale validates its ability to produce green battery quality lithium carbonate acceptable for high-specification international markets
- The Y. N. Chemical Company has given Argosy's product the tick of approval for battery applications, opening up further opportunities in the Korean market
- AGY is planning an upgrade to a 2000-tonne per annum facility to meet projected demand
- 10,000 tpa now on the horizon and...
- The company has made outstanding progress in completing a plant with capacity to produce 500 tonnes per annum
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