Argosy Minerals (AGY) Q3 2026 TU earnings summary

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.