AGY 7.50% 7.4¢ argosy minerals limited

You constantly preach "details matter", yet here you are,...

  1. 3,896 Posts.
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    You constantly preach "details matter", yet here you are, conveniently omitting the most important point. AGY/Puna doesn't qualify for RIGI because only companies that have secured >US$200 million in investment capital can qualify. Consequently, AGY/Puna is stuck with the high corporate tax rate of 35% and a 66% increase in lithium royalties.

    Jerko is correct in stating that RIGI is superior, as it benefits larger peers in Argentina like Arcadium, Eramet, Gangfeng, and Posco. However, omitting the essential eligibility requirements makes his statement misleading, as AGY/Puna will actually be in a worse position until they can attract a substantial strategic investment exceeding US$200 million.
 
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