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Argosy Minerals (AGY) investor relations material
Argosy Minerals H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Focused on development of the Rincon Lithium Project (Argentina) and exploration of the Tonopah Lithium Project (USA).
No significant change in principal activities or state of affairs during the half-year.
Achieved milestones in project development, including resource upgrades and infrastructure agreements.
No dividends declared or paid for the period.
Financial highlights
Net loss after tax of $6.26 million for H1 2025, a significant improvement from $70.91 million loss in H1 2024.
H1 2024 included a $69.35 million impairment expense related to Puna Mining S.A.; no impairment in H1 2025.
Basic and diluted loss per share: (0.43) cents, compared to (5.02) cents in H1 2024.
Cash and cash equivalents at 30 June 2025: $3.60 million, down from $5.96 million at 31 Dec 2024.
Total assets: $74.67 million; net assets: $74.33 million as of 30 June 2025.
Outlook and guidance
Progressing feasibility and engineering for 12,000tpa lithium carbonate production at Rincon.
Targeting construction-ready status and regulatory approvals for expansion to 24,000tpa.
Exploring new strategic project opportunities and acquisitions.
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