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…
-
Business21 hours agoThe pros and cons of buying CBA shares in September
-
Noosa News21 hours agoRent changes on way for hundreds of social housing recipients following government review
-
Business17 hours agoWhere will Berkshire Hathaway be in 1 year?
-
Noosa News19 hours agoPolice reject claims about detained protester; SEQ train lines to be disrupted; BlueCare to cut enrolled nurses