AGY 8.00% 13.5¢ argosy minerals limited

$590m cobalt, copper and gold in the ground.

  1. 2,918 Posts.
    The market has completely overlooked the Wee Macgregor Co, Cu, Au project. This project can add $50m to the market cap quick when it's picked up by the market in my view.

    The lithium assets are game changing and will re rate AGY big time with expected results.. However after being reminded about Wee macgregor on their Twitter page I just done the numbers on The project and massive upside potential is an understatement.

    All in Australian dollars AGY have about $40m worth of cobalt in the ground from Jorc and another $40m worth in the exploration target.

    Cobalt forecasted to double from here. Upside is doubling of these numbers

    About $170m in copper in JORC resource and $170m in exploration target.

    Copper forecasted to be in deficit next year, this revenue can double or triple in the next couple years.

    And about another $170m in gold credits also.

    Basically wee macgregor has $590m of product in the ground with what they now is there and at current prices, the whole project hasn't been drilled out and all commodities forecasted to do well over the 12 to 24 months.

    This can be in production relatively quickly also as CFE has done a lot of work to have it mine ready.

    hidden gem.
    DYOR
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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