Australia's largest stock trading and investment forum Australia's #1 stock forum

AGY

Click for more information

1.92%

12.8¢ argosy minerals limited

General Discussion AGY, page-7826

First 7826 Last

Share
Profile

Follow
perer66

190 Posts.

213

24/08/22

12:40

Post #: 63292674
Share

Originally posted by SebTaylor: ↑

Just wondering if the company has provided any indication as to what it may cost for the 10,000 tpa expansion?

Also it seems like our cash position is in good shape - with the 2,000 tpa build expecting to cost $20m USD ($28m AUD?) and we have paid out $16m AUD already. The company states work is on budget so that should mean maybe $12m AUD to go ....

So with $36m AUD currently that would leave $24m AUD left after competing construction.
Then say allow a whole quarter of production costs at say $8,000 USD a tonne (500*8000/.7) or about $6AUDm before any sales receipts come in just to be safe, ... the company would still have around $18m to play with and support the 10k expansion (or $24m once receipts come in)

Of course producing 1,560 tpa at say a margin of $40,000 USD (based on a lithium price of $48,000pt) over the next two year could produce cashflow of around $120m USD (or $170m AUD), as well, and only a portion of this would be required for funding the 10k expansion.

To me seems like the company is in very good shape

Expand

happy to be corrected but I think it was approx USD150 to 160 mill to expand to 12000 Tpa.

AGY Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 14,724 more messages in this thread...

First 7826 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 12.8¢		Change -0.003(1.92%)		Mkt cap ! $179.0M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$67.03K	516.7K

Buyers (Bids)

No.	Vol.	Price($)
15	1212696	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	540782	16

View Market Depth

No.	Vol.	Price($)
15	1214998	0.125
45	1559336	0.120
17	1207982	0.115
15	703728	0.110
10	754142	0.105

Price($)	Vol.	No.
0.130	530743	12
0.135	571321	17
0.140	490520	11
0.145	1368808	14
0.150	785952	20

Last trade - 11.14am 16/05/2024 (20 minute delay)


Last 12.5¢			Change -0.003 ( 1.57 %)
Open	High		Low	Volume
12.8¢	12.8¢		12.5¢	364394
Last updated 10.51am 16/05/2024 ?

AGY (ASX) Chart

SPONSORED BY