General Discussion of AGY, page-3282

I broadly disagree with your claim of "no progress".

Firstly, funding has be seen part of fast-tracking approach and we are way (way) ahead of a traditional approach, which means we should be very comfortable with having to wait for a while.

Secondly, the lithium cycle hasn't turned yet. Lithium carbonate has been sitting on 8.75 (US$ per kg) on the LME for several weeks now. Sure it's frustrating that funding didn't happen the day after we got our permits but in the current context it makes complete sense for would-be funders to bide their time. The spodumene mountains haven't disappeared so it totally makes sense for funders to wait longer and squeeze the best possible deal.

Thirdly, we are experiencing some turbulence in the market with Trump's trade war and corona virus. In another fortnight or month we will have a better idea if we have a pandemic, and how serious it is, but right now we just don't know. So why would a funder tun up now.now?

Claiming we've stopped making progress without providing any evidence to back up your statement isn't very helpful. Previous posts by many LT have already detailed how to takes a long time to perfect production. I'm very confident that Pablo and the team aren't sitting around playing cards.

Patience is a necessary virtue when investing in speculative minerals

IMO DYOR GLTA