AGY 2.38% 4.1¢ argosy minerals limited

General Discussion of AGY, page-2539

  1. 3,318 Posts.
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    It really baffles me why you even buy AGY shares?

    Firstly, have a look at Pablo’s credentials. If he reckons it’ll take 18 months to build and commission the plant then I trust his judgment and I bet even he’s being conservative.

    Secondly, 99.5% isn’t exactly plentiful atm and the price of contracts show this. Behind the scenes it would make sense given the amount of car manufacturers committing $ billions to buying batteries the lithium doesn’t just drop out of the sky. On the balance of probabilities companies who can produce 99.5% straight up will be of the highest priority when a procurement dept is looking for supply. As a former director of FMC lithium Pablo is a safe pair of hands and the reason me, like so many others have bought into AGY.

    Its not up ramping its a many factored approach to investing in a stock.
    Last edited by Poohbear: 22/11/19
 
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