AGY 2.33% 4.2¢ argosy minerals limited

General Discussion AGY, page-7714

  1. 6,187 Posts.
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    This isn't, and can't be compared to hard rock, it's pure battery grade lithium production from a low cost producer which certainly is currently great value. So we see it as a license to print $$$. As for JORC, no deep drilling has even taken place yet unlike some such as LKE that include drilling to 400 metres in their rather bullish and what i see as highly overstated resource estimates (of low quality brine) and AGY didn't bother with a PFS. They just got onto it. Many believe the AGY RINCON resource can easily be expanded with further deeper drilling and that is to be unlocked in due course with its proposed 25ktpa expansion. AGY is a very understated stock that was more focused and on actually producing battery grade lithium which they have achieved then 2ktpa production (any day now) and phase 2 expansion second.
    Last edited by givemethecash: 22/08/22
 
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