AGY 5.56% 3.8¢ argosy minerals limited

Meanwhile... [ATTACH] But ultimately, once you give up trying,...

  1. 5,608 Posts.
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    Meanwhile...

    Screenshot_20240817_110933_Chrome.jpg


    But ultimately, once you give up trying, you're a dead man walking, regardless of what's happening with the market price.

    Other than vaguely hoping for a future miracle or for people to just buy in for some reason (which short term is possible), what do any of the bulls see as a realistic path to future success for AGY? No one is going to fund the 10,000TPA plant; there's no feasibility study, the design has already failed twice, and there are technically viable projects being mothballed, while AGY itself says its design isn't feasible as low prices (even if they can get it to work, which is doubtful). Why would someone throw hundreds of millions of dollars to spend years building something based on a failed design when others are shutting down working operations?

    It's a fascinating show to watch.
 
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