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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Argosy Minerals
Argosy Minerals (AGY) investor relations material
Argosy Minerals Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary29 Oct, 2026
Executive summary
12ktpa Rincon DFS and engineering advanced; key process testwork completed with no critical process issues identified.
Updated Rincon resource totals 790,000 tonnes Li2CO3; an expanded conceptual Exploration Target offers potential for deeper resource growth.
Grid-power feasibility, financing discussions and continued feasibility work are central to the pathway toward development.
Financial highlights
Cash and cash equivalents were A$3.401m at 30 September 2026, versus A$2.060m at the prior-quarter start; estimated funding availability was 7 quarters.
Q3 net operating cash outflow was A$363k, investing outflow A$1.076m and financing inflow A$2.781m.
Q3 cash receipts included A$16k interest; financing included A$3.0m equity proceeds and A$197k issue costs.
Outlook and guidance
DFS work continues across wellfield design, evaporation ponds, brine systems and processing engineering; the work scope also targets a JORC Ore Reserve.
Funding, strategic arrangements and offtake options are being progressed, including Export Credit Agency processes; separate funding is sought for power and industrial-water pre-development.
EDESA confirmed technical feasibility and commercial viability of energy infrastructure capable of supplying up to 40MW to Rincon.
Renewable-energy Power Purchase Agreements are being explored to support sustainable, cost-efficient power supply.
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Latest events from Argosy Minerals
- Returned to profit on impairment reversal and JV gains; raised $3M to fund lithium projects.AGY
H1 2026 - Rincon Lithium Project advances with strong process validation and funding efforts amid robust lithium demand.AGYQ2 2026 TU
- Rincon Lithium Project advances toward FID with strong cash, key milestones, and rising lithium demand.AGYQ1 2026 TU
- Returned to profitability in 2025 with a $7.3M net profit, led by Rincon project gains.AGYH2 2025
- Net loss increased to $15.5M after a major impairment, with strategic investment and project milestones achieved.AGYH2 2024
- Advanced Rincon Lithium Project, secured $2M funding, and ended quarter with $4.6M cash.AGYQ3 2025 TU
- Net loss improved to $6.26 million, with lithium project milestones and a $2 million capital raise.AGYH1 2025
- Rincon project advances with new energy deal and funding as lithium market outlook strengthens.AGYQ2 2025 TU
- Rincon project advances toward construction readiness as cost controls and funding efforts intensify.AGYQ1 2025 TU
Argosy Minerals
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Frequently asked questions
Argosy Minerals Limited is an Australia-based mineral exploration and development company focused on lithium production. The company’s primary asset is the Rincon Lithium Project in Argentina, which aims to supply lithium for battery technologies used in electric vehicles and renewable energy storage. Argosy Minerals is engaged in resource development, processing technology, and feasibility studies to advance its lithium operations.