Ann: Rincon Stage 2 Pond Construction & Drilling Update, page-39

Although I don't see your frustration as I being a long term holder would have to have some serious bad news to see red on my holding, I understand that some of the newer holders here might be and that would be frustrating to look at everyday. I sat for a year in the red on my AGY holding in 2016 but I knew that Management are wealth creators and it resulted in 2017. My friendly advice is don't worry about the intraday too much, the catalysts are there and are coming over the next 4 months - Just have to let it play out. Drill results are positive and to twice as deep, the ponds will be finished in a few weeks and brine evaporating, the pilot plant assembly completed by years end and Pablo to start test works for battery grade production in March. Over these catalysts the newer holders will see the massive rerates and profits also.. and if we get that battery grade then we will disrupt the current status quo. AGY will be the newest Battery Grade Brine Producer out of everyone in the world.. and right behind the top 4 ALB, FMC, SQM etc. The competition understand that if AGY get Battery Grade then every other Briner with land will be a target for us to takeover - that's where Pablo and his son come into the picture again to develop them. It is a snowball effect - the quicker we get battery grade the quicker we grow exponentially. Now add in a potential strategic partner like the Japanese ones visiting Rincon this week - if they come on board we then we have major capital for additional growth.

I look at the bigger picture and that is how I see it playing out

although if you are a trader then ignore all this