AGY 0.00% 3.5¢ argosy minerals limited

General Comments & Banter, page-12729

  1. 133 Posts.
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    I have been holding for about 15 months now, and while I'm a very patient and fundamentals-based investor I have never worried too much when it comes to faith in this company, I have always known that Jerko is contactable via email at any given moment whether we have questions or concerns he is happy to address them.

    The recent ruthless price movement have prompted me to take that opportunity to contact him after mutual concern felt by all investors of late. After getting a quick reply within 24 hours i very reassured as an investor from what he had to say. It also feels nice to get a real human response like y'know this whole thing isn't fictional and Jerko isnt just a made up human being we are all investing our money in to.

    I will not post his email for respect of his privacy footnote. But I will briefly paraphrase as it is all in line with announcements anyway.

    He mentioned they are preparing the stage 1 plant and getting everything together, ready to produce the tonnage of lithium outlined in the stage 1 deal they will announce. To me, this reflects that stage 1 offtake is as close as a sure thing to being secured for the future. He mentioned the permits are also being processed so that will be a nice announcement to look forward to.

    I also asked him about the hydroxide and what's happening with that? Are we doing carbonate still?

    He said their focus is definitely carbonate and they will continue doing that, but they want to prove they can make good hydroxide if it's ever required in the future, while also opening themself up to as many potential customers as possible (also if you have many people who are willing to discuss an offtake with you I'm sure it helps with your bargaining power) nice one jerko... Looking well into the future mate. You have confidence from me.

    Not only are we on track for these future offtakes but I'm sure the lithium market will upswing when it's ready
    Smart people will load up cheaply and prime themself for that future position. It will reward you greatly (this is imo)

    Cheers,
    Jez
 
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