General Discussion AGY, page-6554

The goldman sachs oversupply song is just a cover of the original by the morgan stanley band. Anyone well read knows what a croc that is and it’s designed for the shorts, the lithium price is going to remain high as demand outstrips supply. On an interesting note lets not forget, the Hard rock lithium (hydroxide) is a very low quality lithium product at the high end of the cost curve and carbon footprint that requires further processing to make it battery grade whereas the lithium chloride that is extracted from brines and processed into (battery grade) lithium carbonate is at the low end of the cost curve. The only downside with brine projects is it takes typically 7 years to bring online compared with 5 years for hard rock projects. AGY has done it and now it’s the money making machine. I’m rating AGY as a hold because I see price pressures purely on the share price and it’s all sentiment based, nothing more. The big plus here it it mean I might be able to accumulate more shares in the 30’s cent range instead of the 40’s. I’m super bullish on AGY