General Discussion AGY, page-13749

“It is interesting to see @GCar defending AGY delays in timelines when in other forums e.g LKE, similar situations have been broadly condemned.
I find this extremely amusing.”

Chalk and cheese.
Night and day.

Look at the facts.

LKE was promoting, only 8 months ago btw, that they’d be in construction by end 2022, and producing at “50,000tpa rate” in 2024.
At that point, they had not even completed Enviro assessments, let alone submitted them and gone through the process of govt review, iterations amd approvals.
LKE assumed a mere few months total to receive approvals… for a 50ktpa project using new tech involving re-injecting circa 50 billion litres of brine back into the ground each year.
“Similar situations” is absolute nonsense.
That’s not a “delay”, that’s promoting an absurdly unrealistic timeline that imo NEVER had any chance of being achieved. They hadn’t even proven the scalability of their proposed tech, or finalised a flowsheet for commercial production. Still haven’t.
During and after the pump, the MD bailed and cashed in ALL his stock, over $10M, claiming it was “standard practice”. The chairman has sold millions also, along with other executives. Classic hype pump BS.

“similar situations”
LMAO
Wash your mouth out fella!

One co has a demonstrable commercial process and tonne after tonne of BG product, the other has small-scale pilot & lab tests, stuff-all product and no clear pathway to production.

AGY’s priority for years jas been getting the 2ktpa plant going and proving the process at scale. Final stages underway as I type this. Alongside this, gain approvals (govt) and funding via strategic partnership to enable expansion. Progressing.
Puna team 100% flat out with 2ktpa plant commissioning. Tick.
Expansion approvals, funding etc will come and we’ll then be onto the next stage.
Simple.

DMoreR!