Nah, it's just the local forum policeman and his horse likes to continue to shit over anyone with valid concerns.
But it is funny that now that the share price has dwindled, most of my own concerns from years ago, are being parroted by the same people who turned their heads the other way and pretended they never existed, along with berating anybody who had a different view.
IMO AGY is very undervalued currently, and I see fair value between 1-1.5b MC once production starts. I wouldn't say multiple dollars - not by a long shot. That won't happen for a very, very long time. Rincon is just too small, it will still take years and years for them to get to the fully planned 12ktpa, and even then for any future expansion more than that could take 2+ years just in approvals let alone construction (as you can see how hard it is to get a small 10ktpa environmentals granted).
Unfortunately you can't believe a world management says in regards to deals, offtakes, financing (almost anything they've put an estimated timeframe really). They've been in 'advanced stage' of negotiations for literally years. It's come to the point where it will be done when it's done. I think that's finally starting to become apparent to holders, and it's frustrating.
This most certainly has an affect on share price when timeframes are missed by months and years.
Anyhow, waiting game still. Recession talks overseas still. Li prices gloomy for now. Shorters still in force. Have to just weather the storm, but I think this is definitely undervalued currently.
--- IMO.
AGY Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held
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