AGY 8.00% 13.5¢ argosy minerals limited

Good point on other companies in the same space having to go...

  1. 790 Posts.
    lightbulb Created with Sketch. 562
    Good point on other companies in the same space having to go through similar fluctuations. A big contributer to the fall IMO is also the long product testing period (where commercial progress is effectively stalled/slowed down until product is approved). If you recall simon moores interview, this can take up to 8-9 months.

    we have done this.

    most other brine plays are yet to do this. What does this mean? Minimum commercial progress over this period with likely lack of interest in its stock over this period. Not down ramping other stocks, but we have learnt it is a necessary step in chemical processing companies. our benefit, is that due to JZs fast track strategy, we were able to tick other boxes during this time. Id doubt similar companies that pursue conventional pathways will achieve as much.

    we are ahead of the game.

    aimo


  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
0.010(8.00%)
Mkt cap ! $189.5M
Open High Low Value Volume
13.0¢ 14.0¢ 13.0¢ $582.3K 4.327M

Buyers (Bids)

No. Vol. Price($)
1 59222 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 355115 15
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
13.0¢
  Change
0.010 ( 2.20 %)
Open High Low Volume
13.3¢ 14.0¢ 13.0¢ 3859993
Last updated 15.59pm 28/03/2024 ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.