AGY 4.00% 12.0¢ argosy minerals limited

Why work with someone when they can do it on their own and at a...

  1. 2,516 Posts.
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    Why work with someone when they can do it on their own and at a faster and bigger rate (eventually). Also less people needing to answer to/work with. Unless you're talking about a takeover - in which it would be a hostile one, as JZ wouldn't let the only project they have go. In saying that it wouldn't be hard for them to do at the current market cap.

    At the basic face value you make sense, but I believe it's more than just money.

    Also, they seem to prefer the DLE method, which means potentially significant increased recoveries over traditional ones. They wouldn't have spent $825m without their due diligence and a plan in place. I would like to think an $180 billion company has competent engineers to help in their decision making.

    Again, going to be interesting keeping track of their story.

    https://hotcopper.com.au/data/attachments/6117/6117804-9f1a4eeffe4267540e0f9cbc455b508c.jpg

    IMO DYOR
 
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