AGY 0.00% 4.5¢ argosy minerals limited

It's categorically untrue that funding/investment into current &...

  1. 4,035 Posts.
    lightbulb Created with Sketch. 1634
    It's categorically untrue that funding/investment into current & new projects won't happen until there is significant change in sentiment/prices. I'm not sure if you're ignoring it or just missed it, but Kuvimba Mining House, a Zimbabwean state-owned miner, recently secured a US$310m investment from a consortium of British and Chinese investors to build a lithium concentrator at the Sandawana mine in Zimbabwe. Note that this happened less than two weeks ago, while prices are at record lows.

    AGY has been courting a similar investment amount for a long time, but they just haven't been able to get a deal done, while others have. It's not affecting all companies, just the one's that aren't attractive to prospective investors.

    https://hotcopper.com.au/data/attachments/6343/6343264-a0bb9549a45fdc04e101d117384d5277.jpg

    https://www.mining.com/web/zimbabwes-kuvimba-signs-310-million-lithium-mine-deal/
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
0.000(0.00%)
Mkt cap ! $65.51M
Open High Low Value Volume
4.7¢ 4.7¢ 4.3¢ $71.64K 1.632M

Buyers (Bids)

No. Vol. Price($)
6 302540 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 31323 2
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.