AGY
Click for more information
13.6% 9.2¢ argosy minerals limited

Goldman Sachs predicting lithium falling to 16000 by 2023 this...

  1. david25
    5,261 Posts.
    lightbulb Created with Sketch. 145
    clock Created with Sketch.
    02/06/22
    13:00
    Post #: 61778865
    Goldman Sachs predicting lithium falling to 16000 by 2023 this is causing lithium stocks to crash. Its only 7 months away.

    Pre- Correction Profit forecast
    June 2022 to December 2022
    1000 tons or 6 months pro rata production before correction.
    Revenue 90 million
    Project profit estimate $54 million EBITDA margin 61%
    70% Argosy $37 million
    After tax profit $27 million. half year

    Post Correction Profit forecast
    Jan 2023 to June 2023
    1000 tons production
    Revenue $16 million
    Profit 9.6 million EBITDA margin 61%
    70% Argosy $6 million
    After tax profit $4.2 million

    Expected full year profit year ending 2023 $32 million

    https://www.argosyminerals.com.au/sites/default/files/presentation_file/agy-asx-20181130-pea-nov2018.pdf

    https://unauthorised investment advice/resources/goldman-sachs-says-battery-metal-bull-market-is-over-at-least-until-2024/
    Last edited by david25: 02/06/22
    AGY Price at posting: 45.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
TBN Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE
right-arrow Created with Sketch.
ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
9.2¢ 		Change
0.011(13.6%) 		Mkt cap ! $133.9M
Open High Low Value Volume
8.4¢ 9.6¢ 8.3¢ $761.7K 8.626M

Buyers (Bids)

No. Vol. Price($)
1 14047 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 10000 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.