AGY 0.00% 3.5¢ argosy minerals limited

General Comments & Banter, page-12667

  1. 27 Posts.
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    By my calcs S3 is worth conservative +/-60c fully diluted and that's just the start. O/T will likely not improve the SP too much an yep traders will play with it but for those in it for the long game they have already rode that roller coaster so know what its like.

    News flow I'm looking for:
    O/T - some cash flow and verification of product acceptance (actual sales)
    Tenements / Hydroxide tick / Statutory tick - for commercial partners due diligence
    S3 partnership
    Future expansion - long term

    This period of producing something and working with potential customers was always going to be the longest stage. NO partner is just going to sign up for your product without verifying it in their process. I look at the other Lithium plays and it boggles my mind that they think they wont have to go thru the same process / time frames. So when you don't even have approval to build anything yet you're probably looking at 3 years to verify your product into a commercial scale partners process. So when AGY says fast track people need to get their minds into the right order of magnitude. Fast track in terms of years not months. i.e the project wasn't intended to take 12 months fast tracked to 6 months. It was intended to take years fast tracked by a couple of years. My thoughts are something like 5-6 years down to 3-4 years. I think that's the thing the short term people didn't realise and to be fair got caught up in how fast the mechanical tasks like building ponds/plant were completed.

    IMHO DYOR



    Last edited by asxDragonslayer: Spelling 24/03/19
 
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