The market is irrational and a bloody joke on how it reacts to data/announcements/milestones.
For example:
AGY today announced that 2,000T plant is 45% complete with full completion by April 2022 and production starting by June/July on schedule and on budget. Additionally the 10,000T plant extension approval is very close and funding to build , in my estimation is also getting closer by the day. Also drilling to increase the Rincon resource threefold is to commence during Q4 and also to commence drilling at the Nevada project , and the share price goes up by 1.7% to close at 29.5c
GLN today announced that it has received approval to build a pilot plant & camp permits but they do not have the technology to produce small or scale battery grade Li2C03 99.8% and are years away from potential production, and yet their share price closed up 15% at $1.45 , with a bigger MC at $365ml.
It does not add up , however facts and the soon to be a producer will soon ensure that the true value of the company will be reflected in a much higher AGY Share Price, which also means that the current share price is way undervalued and in my opinion a bargain.
AIMHO --DYOR
- Forums
- ASX - By Stock
- AGY
- General Discussion AGY
General Discussion AGY, page-2962
-
-
- There are more pages in this discussion • 20,466 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
|
|||||
Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $56.78M |
Open | High | Low | Value | Volume |
3.7¢ | 4.3¢ | 3.7¢ | $842.4K | 20.96M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 506572 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 85000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 506572 | 0.039 |
14 | 3018314 | 0.038 |
12 | 7999324 | 0.037 |
7 | 1273776 | 0.036 |
24 | 1332769 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 85000 | 1 |
0.041 | 280000 | 2 |
0.042 | 515217 | 3 |
0.043 | 1604010 | 4 |
0.044 | 1315373 | 7 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online