If AGY's share price woes are solely due to the sector downturn,...

If AGY's share price woes are solely due to the sector downturn, then why is PLS still relatively close to its peak, needing just a 40% increase to reach it, while AGY requires a 640% surge? Despite being in the same sector, their share price reactions have been markedly different, challenging the notion of a "sector-wide" impact. It's clear that company-specific factors play a significant role, you've just got to look beyond the examples that reinforce your own argument.

Consider if JZ had secured an offtake agreement and the 2 ktpa plant was operating at full capacity. Would the share price still be at 12.5 cents? Certainly not.