Look at you go!
Comparison to LAAC or ORE or one of the very few others out there might be interesting, but beyond that all they really indicate is significant variability and the fact that nothing goes to plan.
LAACs capex rose from $640M to $980M in 12 months.
In March last year, they expected 40ktpa rate in Q1 2024. That target shifted to mid-2024, and recently again shifted to end-2024.
So they didn’t have issues that delayed them as much as our issues have delayed us!!??
So what?
As noted by others also, we have a different resources, different operation, different financials.
Good on them for what they have done.
But that’s not the point - the point is that apparently the experience of just one or two other companies that have managed to get a Li brine operations running, somehow provides a “standard” timeframe and somehow therefore indicates how “terrible” AGY is.
That is the clear implication; clear as day.
My point is simply that there are stuff-all precedents and there is stuff-all data to actually form a clear understanding of what is “normal” or “good” or “bad”, when it comes to the commissioning and ramp up of these very specific chemical processing operations.
We all wanted it to happen quicker. Suck it up.
Move your $30k to “greener pastures” if you’re really so concerned and disgusted with everything the company has done.
Wow.
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