AGY 2.44% 4.2¢ argosy minerals limited

Mate, a 245k resource won't provide the 20 year production...

  1. 2,572 Posts.
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    Mate, a 245k resource won't provide the 20 year production timeframe to attract investment, UNLESS you are producing 2k a year. One has to take into account extraction and production losses to generate a reserve number. Oh I forgot, AGY hasn't completed a DFS and defined a reserve. Have a look at all the big resources and see what their reserve numbers are. They are a fraction of their resource number. To think Rincon is different is absurd.
 
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Mkt cap ! $62.60M
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4.0¢ 4.5¢ 4.0¢ $124.3K 2.910M

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Last trade - 15.34pm 11/09/2024 (20 minute delay) ?
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