don't get me wrong mate, I like AGY and I like the management, unfortunately for me I've missed the bigger moves and only managed to get a few pips out of it here and there, but I'm honestly looking for value at this price and trying to get an idea of timelines and likelihood's of each stage coming to fruition, that is what brought me here to discuss.
the companies you mentioned fit my previous examples in that they have all had huge runs as people get caught up in the hype and and the traders trade the momentum, then reality comes, look at their charts, KDR, PLS, AJM, SP's all down 50% or so in the last 6-12months.
You say Li demand is growing exponentially, but so to will supply when all these future producers come online, so there's a decent chance that will level itself out, again don't get me wrong I'm bullish on Li in general going forward in that I think it will hold value quite easily.
In regards to phase 3 I totally agree with you, that is where the money will be made and also totally agree that it would become a $1b+ company if pumping out 20Ktpa, do you have any sort of timelines on that for me or the greater hurdles going forward to get to that stage? It would be wise for one to try and ensure he doesn't get caught up in the hype of the KDR, PLS, AJM, etc, etc, etc and end up 50% down waiting for years to even get the money back dont you think?
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