AGY 2.86% 3.6¢ argosy minerals limited

New 3 month high, page-67

  1. 14,163 Posts.
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    All good.
    I'm holding to see significant production, at least.
    Been accumulating since 2016, so another few years is not a concern to me. Very impressed with the continual progress and success, and have been adding accordingly with this de-risking.
    Life-changing holding now, so happy to ride it out.
    I think there are a few key catalysts on the horizon, which should feed some significant sp growth over the next 12 and 24 months. I don't think we'll see the "typical lull" while we work through development, as we will have the 2ktpa plant generating results (further de-risking) and revenue relatively soon, whilst working towards the real deal: 12ktpa.
    If we lock in a funding solution for the 10ktpa expansion, it is really only a matter of time before that comes to fruition - and imo it seems that 12ktpa production could be on the cards in 2024.
    In that case, the gains from here, imo, over the next 2-3 years, more than justify holding strong, at least until that point. ...and who knows what Nevada will bring.
    ..and then, with very significant earnings coming in, we have a whole lot of options for expansion and growth. Perhaps we acquire some nearby strugglers and cut/paste the Rincon plant, with some fine-tuning of course...?

    I'm not bothered by the dilution from exercise of options. This comes with hard $$ inflow, so the real impact is not what it may seem to some observers (not doubting you understand this btw!).

    If we were moving into a "typical development period" for a mining company, where we now have to wait (with nothing exciting really happening) a few years for the build phase to complete, then imo it would be a different story... but I think that with our staged approach, we have a unique position and therefore won't settle in the usual "chasm" as holders sit around and get bored for 2-3 years, and therefore move on to shinier things... Imo there are plenty of things to maintain momentum and excitement here!


    Anyway, just imo, and I realise everyone has their own risk appetite and investment horizon!
    Cheers and GL
 
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Last
3.6¢
Change
0.001(2.86%)
Mkt cap ! $50.95M
Open High Low Value Volume
3.5¢ 3.7¢ 3.4¢ $114.5K 3.186M

Buyers (Bids)

No. Vol. Price($)
2 179569 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 1156639 9
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Last trade - 12.12pm 14/11/2024 (20 minute delay) ?
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