I don't think it will be small, i think it will more than cover stage 2 as that is the whole point of it while at same time securing an off take.. otherwise we could have funded it via larger raise and SPP
10 - 15m at this stage (sorry about the pun) is big enough to secure stage 2 and well on our way to becoming a solid LCE producer without overly diluting us.. from there the income stream allows for many more options to fast track stage 3 via debt or equity or a combination etc
My pick stage 2 10 - 15m = SP around 15 - 17c
If stage 3 wording and value adding agreement = SP 25 - 30c
Either outcomes would be very welcome for me
AGY Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
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