With China out of the picture now and funds in place for the near future growth I believe the company is in a better position than it was with the QQ deals. Once AGY is producing and earning an income the road forward should be much smoother.
I'd like to see them dump the QQ offtake agreement if they are still fighting to enforce it. Future Li pricing is sure to increase, at least for the near future given the strong move towards EV by multiple countries.
Once the instability of recent events has passed I think we'll see good steady growth from here. Regardless of whether the failure of the QQ deal is for better or worse, the instability of failed agreements is always going to adversely affect market sentiment for at least a short while.
AGY Price at posting:
21.8¢ Sentiment: None Disclosure: Held
