AGY 7.69% 4.2¢ argosy minerals limited

THIS ^^^^ So just to recap on the current narrative, the...

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    THIS ^^^^

    So just to recap on the current narrative, the interview/article local Salta press (with Fran) in early Dec prompted an Ann/update from Mgt indicating a maiden shipment in early Q1 2020.

    So where is this 5T trial shipment earmarked in early Dec for for dispatch in early Jan / new year. ?? The below pic from recent qrtly appears to show 4 pallets (approx 1T each) of product ready to go ? What is the hold up ?

    Screen Shot 2020-02-11 at 9.27.05 am.png

    What I don't understand is this message Mgt are telling us that the pilot plant is effectively proven its purpose and the team's chemical processing capabilities so now its time to wind down, focus on S2 plant and preserve cash....

    And I don't believe the logic of lets save $$$ while lithium prices are depressed. If SQM are still getting 10-12k USD p/t into Japan I'm sure these prices & the subsequent revenue would cover the cost of production.

    to be honest I'm yet to be convinced the pilot plant has really proven anything of scale yet ??

    If we rewind to the Mitsu RtM sales agreement being signed nearly 11 months ago in March 2019, the pilot plant ramp up in July 2019 (which was obviously a fizzle) and here we are halfway through Q1 2020 waiting on a maiden shipment of a measly 5tonne ???? At this rate the annual capacity is about 10T ??

    C'mon JZ, let's get this shipment on the water and delivered FFS
    Last edited by BytheHorns: 11/02/20
 
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