Hold ya horses crazyhorse!
"Be interesting to know if we are dialing in a customers specification, you'd have to think our first shipment may already be earmarked? Hopefully qualification is days away, it was expected to be accomplished in October according to the September update."
The actual statement from the company in Sept was:
"The Company remains on budget and is targeting to achieve first battery quality lithium carbonate product next month."
AFAIK this has nothing to do with a specific customer's requirement, it would likely be a "general" BG spec re % Li2CO3 and impurities. The term "qualification" in this industry typically relates to a customer determining the suitability of a product, which IIRC is a multi-stage process that takes months.
I expect that the same process as the pilot plant will apply here - first product was Tech Grade, then after some fine tuning etc, a "generic" BG spec was achieved. Sure, now they know the specific requirements from at least one potential end user customer (from those early days), so they may target that same spec this time around, off the bat. The "qualification" process will still need to play out though, afaict.
I'm not sure exactly how the spot sales process works with BG chems; I suspect the seller lists the min spec (% LI2CO3 and impurities), and buyers either accept it or not; and it may require some further refinement to meet their exact spec..?
Anyone know more details?
In any case, yes, BG "directly" from the plant is surely not far away now, and this is a major milestone imo.
If our first shipment was earmarked, I'd expect the company would need to announce this..?
Anyway, meanwhile, we wait!
GLA not long now!
- Forums
- ASX - By Stock
- AGY
- General Discussion AGY
General Discussion AGY, page-10015
-
- There are more pages in this discussion • 13,463 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
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.7¢ | $91.30K | 2.395M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 6117 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 0.038 |
2 | 701783 | 0.037 |
5 | 638107 | 0.036 |
26 | 2803406 | 0.035 |
9 | 1181154 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 6117 | 2 |
0.040 | 1428372 | 5 |
0.041 | 873730 | 5 |
0.042 | 768600 | 7 |
0.043 | 274146 | 2 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |