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3.8¢ argosy minerals limited

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14,142 Posts.

8594

21/06/24

14:36

Post #: 74427288
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Originally posted by Rob826 ↑

Nice chart. I added some projected OPEX figures for AGY to give us a clearer picture of their position on the cost curve. AGY's latest OPEX projection for Stage 3 is US$7,500 per tonne, which I've marked with a blue line. This places Rincon Stage 3 higher on the cost curve than some Australian spodumene operations.

As for Stage 2, while it's uncertain, projecting an OPEX figure below US$10,000 per tonne seems incredibly optimistic. A range of US$10,000-$12,000 per tonne, indicated by the pink box I've added, appears more realistic. This would position Rincon Stage 2 (2000 ktpa) outside the "green zone","roughly aligning it with the economic viability of Tibetan brine.

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…and we should be concerned…? Why?

Do you think another 1-1.5Mtpa of LCE can magically come online over the next 5 years if prices remain at current levels?

haha good one.

AGY Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
10 Upvote

2 Great analysis

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(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.7¢	$224.4K	5.906M

Buyers (Bids)

No.	Vol.	Price($)
1	16815	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	616210	2

View Market Depth

No.	Vol.	Price($)
1	16815	0.038
12	2446046	0.037
33	2585574	0.036
16	1985879	0.035
9	1297596	0.034

Price($)	Vol.	No.
0.039	616210	2
0.040	790825	5
0.041	401512	4
0.042	367666	4
0.043	356159	4

Last trade - 16.10pm 05/11/2024 (20 minute delay)

AGY (ASX) Chart