AGY 8.70% 5.0¢ argosy minerals limited

"You never change those 'Believers' even though you face them...

  1. 764 Posts.
    lightbulb Created with Sketch. 265
    "You never change those 'Believers' even though you face them some FACTs"
    Lets discuss the facts about Argosy for a second, that you so eloquently mentioned. This is a direct copy and paste from our half yearly report.

    "Rincon Lithium Project
    The Rincon Lithium Project is the flagship asset in Argosy’s lithium development strategy, and is located within the Salar
    del Rincon in Salta Province, Argentina, in the world renowned “lithium triangle”. The Project comprises up to 2,794
    hectares of mining concessions and mining easement right landholdings, and is a JV partnership with pre-eminent lithium
    processing expert Pablo Alurralde. The Company has established a well-defined pathway to target commercial production
    of LCE product.

    During the reporting period and to date, the Company made substantial progress at the Project, with progress on the major
    project milestones being:
     2,000tpa lithium carbonate operation commissioning and ramp up works progressing.
     ~30 tonnes of battery quality lithium carbonate product produced during operations to date.
     Argosy to become the 2nd ASX-listed battery quality lithium carbonate producer.
     Progressing Environmental Impact Assessment approval process for development of an additional 10,000tpa
    lithium carbonate operation.
     Commenced pre-development works for the 10,000tpa operation expansion.
     Resource expansion & production well drilling works completed – targeting to materially expand current JORC
    Indicated Resource, increase project mine-life and future annual production capacity.
     Positive progress with strategic partner arrangements for off-take and capex funding for 10,000tpa operation
    expansion.
     Renewable energy to power Rincon’s clean lithium technology with low energy use & raw water consumption for
    a low emissions / low carbon footprint operation.
     All chemical process technology validation and verification works have been successfully completed, confirming
    the Company’s capability to produce battery quality lithium carbonate product at commercial scale.
     Salta government provided their support for the full development of the Rincon Lithium Project following meetings
    with Salta government officials.
     Positive and successful CSR program initiatives continued at Rincon Lithium Project.
     Strong international lithium carbonate price outlook supporting positive lithium market sentiment, enabling
    potential to realise Argosy’s growing lithium production development strategy.
    Argosy remains confident that key upcoming milestones and achievements will prove successful to demonstrate the long term sustainability and continued development of the Rincon Lithium Project."

    Lots of facts for your consideration. Lets hope you can read better than you write.

 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.004(8.70%)
Mkt cap ! $72.79M
Open High Low Value Volume
4.7¢ 5.2¢ 4.7¢ $224.9K 4.583M

Buyers (Bids)

No. Vol. Price($)
1 67846 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 208417 2
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.