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4.1¢ argosy minerals limited

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mattilla

2,216 Posts.

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13/02/19

19:05

Post #: 37427987
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Originally posted by Barry Smithy ↑

Aren't you guys worried about the location of GLN and the fact it gets inundated with snow every year? What effect will that have on the evaporation ponds? Also what is the purpose of owning land up in the mountains? Is that where they plan to have the ponds? Or do they plan on having them on that tiny patch at the base of the mountains? If that is the case does this mean they are going to build 20 miles of pipe and pump it across the mountains? Is there access to gas and power there? Will the extra 200km (5hrs) to port add extra costs?

There has to be a reason no other brine company has built ponds in areas that get covered in snow. I don't think Pablo has chosen this location by accident. Do GLN have a path way to production? Have they got any chemical engineers onboard that have done this work before to ensure they get into production? Or are they just hoping Posco who already have an estimated 4 mt resource will need a extra million ton sometime soon?

I want to invest more over there but I think the market is over speculation for the time being and GLN could be a bit late to the party. Everyone now knows lithium isn't rare, it's a matter of actually getting it out of the ground. If you can process it to BG then that's a huge bonus. People think it's easy but they are wrong. I think the market wants to see revenue and cash in the bank or at least a realistic pathway to achieve that. Watch how many people jump ship when this all comes together.

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LOL.

I’m not even gonna waste my time.

Thanks for the laugh though!

Last edited by mattilla: 13/02/19

AGY Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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LOL. I’m not even gonna waste my time. Thanks for the laugh...

Utah authorities sign off on Anson's lithium extraction plans at Green River

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

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LOL. I’m not even gonna waste my time. Thanks for the laugh...

Top Stories

Utah authorities sign off on Anson's lithium extraction plans at Green River

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Featured News

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Sellers (Offers)

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