AGY 0.00% 3.5¢ argosy minerals limited

General Comments & Banter, page-12670

  1. 8,472 Posts.
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    Excellent post pointing out the likely timelines involved if you are serious about trying to get the most out of these junior Lithium startups , they are risky and don't come with a guarantee, but being in at the early stages has the best leverage should they succeed and AGY is on the right track for success IMO.

    I don't think putting a future shareprice really means anything as we don't know what the final dilution will be to get to S3, be it through equity or reduction in WI or a combination of both.
    A Company's value is established by MC not shareprice and 60c with the current shares on issue plus the CR would represent a MC of about $590M , more shares issued just increases that figure. Any calculations I do includes up to another 500M shares added to the registry, I prefer maximum WI and minimum debt .

    Having said that a S3 plant producing 10,000 TPA should be very beneficial to our current shareprice regardless of what's required to get there and it doesn't have to stop at 10,000 TPA...

    Cheers Whisky


 
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