Millennial lithium share price was 8c in April, now at $2 with similar ground to AGY and is a direct comparison to where AGY should be. They have a $60m market cap and I can see AGY there once funding is sorted out.
In July millennial raised $1.2m at 15c with a 1 for 1 attaching warrant exercisable at 30c
Then in September they raised $4.87m at 65c with 1 for 1 attaching warrant exercisable at $1
Do you honestly believe the 8c, 15c or 65c holders could give a rats about dilution when they are all sitting on pretty profits.
I have given you multiple examples of capital raisings being healthy for the share price in this context. Divie paying stocks you'll see me arguing the contrary and asking for a buy back.
I can give you multiple examples of pie in the sky plans that didn't raise in the funding windows that went nowhere if you like.
After the GFC although a long time ago the whole mindset changed, the market wants to see a fully funded plan and enough cash to cover this runway.
You should all be asking for AGY to raise a large chunk of change and offering a SPP if dilution worries you.
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