AGY 5.56% 3.8¢ argosy minerals limited

Correctamundo !!!What TF is the point of doing a funding deal...

  1. 14,029 Posts.
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    Correctamundo !!!

    What TF is the point of doing a funding deal when the sp is circa 10c, when you can raise a modest amount and just get on with building a stage 1 plant to further the de-risking and ride out the sh!tty market/macro/prices...??
    Then, wait til better times, ALL WHILST continuing the de-risking and BUILDING the first stage of a MODULAR operation, and then have FAR BETTER options for raising capital for an expansion.... all in the BEST INTERESTS of the LT shareholders.
    Raising say $100M at 40cps is a damn sight better than scurrying to do that at 10 or 15cps.

    But, as usual, traders and get-rich-quick-wannabes DGAF about the LT business or the best interests of the LT company owners, they want shiny lights and flashy BS for a quick pip-flip.
    Stuff them, I say; JZ agrees! LOL

    Funny how so many numptee randoms think they know better than Pablo and his team!!
    All this garbage about "only 2ktpa for 2 years" LOL, what about most other aspiring new entrants who won't be producing ANYTHING for at least 2 more years!!!!!!!!!!!!!???????????????

    LMFAO!!!!!!!!!!!!!

 
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