AGY 0.00% 12.0¢ argosy minerals limited

There is no announcement. He made all those points up.The...

  1. 2,665 Posts.
    lightbulb Created with Sketch. 1187
    There is no announcement. He made all those points up.

    The funding arrangements were never contingent on the resolution of the production issues. This was only something shareholders were speculating at the time, so it was making the rounds on the forum. Whether it became the case or not, you'll remember actual guidance from the company themselves was offtake/funding to be finalised in line with expansion approvals (nothing to do with on-going production issues).

    His statement of funding discussions may needing to be paused if other production issues arise is again, pure speculation. I'm not saying this particular statement is incorrect, only that this has not been advised by the company.

    Latest guidance is partner will be sorted in line with 10ktpa engineering works completion and contractors assigned, and that an international investment bank will be doing the heavy lifting.

    We all know their "guidance" is not much to go by. But still doesn't change the fact that his statements were never the case originally.
    Last edited by pierre23: 16/05/24
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $174.7M
Open High Low Value Volume
12.0¢ 12.5¢ 12.0¢ $60.97K 506.9K

Buyers (Bids)

No. Vol. Price($)
18 1131838 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 724665 18
View Market Depth
Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
Last
12.0¢
  Change
0.000 ( 0.74 %)
Open High Low Volume
12.0¢ 12.3¢ 12.0¢ 370270
Last updated 15.58pm 05/06/2024 ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.