Business
Next lithium raising off the rank: Argosy Minerals – The Australian Financial Review
Argentinian lithium play Argosy Minerals is asking fund managers to tip into a $30 million equity raising at 13¢ a share.
Argosy Minerals had a $163.1 million market capitalisation prior to the raising. Its a speculative proposition, Bell Potter said.
Argosy Minerals is a lithium production company focused on the staged development of Rincon, where it has a 77.5 per cent stake and increasing to 90 per cent once it reaches a production milestone.
Its the latest in a string of microcap lithium deals to flood the ASX in the past week. Core Lithium raised $40 million earlier this week, while Vulcan Energy had a $120 million…
-
General11 hours agoChristopher James McLoughney refused bail over alleged murder of Rhukaya Lake
-
General19 hours agoRock climbers’ defiance grows over Mount Arapiles cultural site requests
-
Noosa News20 hours agoDo the Queensland government’s claims about the surgical waiting list stack up?
-
Noosa News18 hours agoClean-up begins in south-east Queensland after homes, cars damaged by giant hailstones