Consensus community valuation
2,000tpa operation commissioning and ramp-up phase works progressing, with full ramp-up toward steady-state production operations targeted from end Q2-CY2023
Current production trials produced over 10 tonnes of battery quality lithium carbonate product (average 99.79% purity) from batch operations during commissioning and ramp-up phase works
Carbonate Market:
a quick look at the chart
Lithium Carbonate 99%Min China Spot Chart - Investing.com AU
We look forward to achieving many more significant milestones in 2023 as we transform into a cashflow generator, capitalising on lucrative lithium carbonate prices via upcoming product sales revenues, leading to a significant near-term growth phase for the Company.”
Strong cash position, to be boosted by sales at record lithium prices from 2,000tpa production operations Building a team of experienced and proven lithium sector operators in Argentina, combined with key executive appointments in Australia Becoming only the second commercial lithium carbonate producer on ASX Clear growth and development pathway with strong strategic interest to fund 10,000tpa expansion operation
slides: Investor Presentation - Macquarie WA Forum 29/11/22 08:14
1/11/2022 announcement: Rincon
Almost ready- production 2924-02592166-6A1119893 (markitdigital.com)
24th Oct 2022 Broker Analysis below:
promise 40% upside for the share price = 85cps / 60cps
Market Data 52-Week Range (A$) : 0.22 - 0.61
Market Cap (A$M) : 750.3
Shares Out. (M) : 1,389.4
Enterprise Value (A$M) : 727
NAV /Shr (A$) : 0.85
Net Cash (A$M) : 23.1
When? ; Argosy move to the status of producer in Fy2022, with 2ktpa battery grade lithium
The 2,000tpa lithium carbonate operation construction works in-progress, with first commercial production of battery quality Li2CO3 product targeted during Q4-CY2022;
No Dividend yet,
Rincon - Initial 2,000 tpa Li2CO3 production From Q3-CY2022
- Release Date: 31/05/22 15:08
- Summary: 2022 AGM Presentation
- Price Sensitive: Yes
Then 90% ownership at 10,000tpa ..Then 12,000tpa
Some slides below:
For the carbon neutral theory:
Lithium Carbonate at depth of 102.5m to 300m below ground level ..507,000T to 724,000T
see how AGY trades today..
