AGY 8.14% 9.3¢ argosy minerals limited

Li-related News/Articles/Reports, page-4869

  1. 912 Posts.
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    That is the big problem when one invests on the basis of the SP either way. It has always been proven that company long range fundamentals is the best criteria for deciding on investing especially for retail who cannot afford to emulate the ways of a trader or BEOT or shorter, whatever name you call it. One needs to believe in the company and, when holding, one cannot try to think he can do better than current management. And when one disparages the management or the company for which he holds a share, one is doing himself a disservice. And for what purpose, to prove a point and satisfy his ego?
    There is also the belief by some that JZ needs to make an announcement to stem the direction of the SP move. True, we need an announcement. But, you just can't make an announcement because the SP is going down and simply pluck out the info that AGY has produced more from where we were when the 30th June quarterly came out on 31st July. That was just two weeks ago. In any case, the effect on the SP will be temporary and short-lived. Take the case of GLN: when they made an announcement that their permit to build a more than 5ktp plant was granted. True, it was one of a few that was green the day AGY and most of the lithium companies were red. This was because of the ann. But once it sunk in, and investors realised that it will be another year for GLN to build and start producing, assuming they will not encounter problems the same way as AGY/Puna experienced, the SP has continued to decrease like most other lithium companies because of the market situation.
    With AGY, the announcement should be a milestone news to be followed by another milestone news then another and another. So, let me ask you, has there been a negative news or announcement that tells us that one or all of of the milestones JZ set to accomplish will not happen?
    The only way the SP will increase to its proper valuation is if the AGY/Puna team works hard to progress and attain its milestones. We need to trust that the team is doing this. To be negative of management and Jerko is just showing one's ego trip to think he can do better. But you are where you are because you live in your dreams of grandeur. Or perhaps you blame yourself for not selling when the SP was way up there. Thats the reality of investing.
 
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