AGY 8.14% 9.3¢ argosy minerals limited

General Discussion AGY, page-8623

  1. 979 Posts.
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    No AGY will ultimately own 90% of the JV not a percentage of a percentage you are trying to use.

    ASN will be lucky to have a majority stake in that project once you get diluted into oblivion for a multitude of reasons.
    Meanwhile AGY could self fund the stage 3.. yep that's right stage 3 (as stage 2 2ktpa is potentially weeks away from first production) 10ktpa expansion in cash in 18-24 months if they decide to go down that road.

    Good luck raising $800m AUD
 
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