FACT!
That 13.5tn is at least 13.48tn MORE than any of our 'peers' have produced together to date of BQ Li2CO3.
That does not include the previous 30tn or so produced yrs ago and sold locally.
The best part of this is production has not even started yet.
This is just testing and tweaking. I think some hurdles may/will arise during the ramp up to continuous steady state production as this is normal. I'd be really surprised if it goes smooth with zero issues. Also, if all prod is BG and little to know tech grade that would be an awesome achievement!!
Either way, this is the year Argosy becomes a household name in the Lithium world and so-called lithium commentators will have to start acknowledging AGY will be a major player in years to come.
Chinese lithium spot looks to be close to bottoming (may have already). I'd like to see more green days in a row though before calling that!
With Lithium sentiment hopefully turning back up leading into mid yr and markets stable it's perfect timing for AGY and the SP catalyst news items we should receive into the 3rd Qtr.
Hang in tight!
AGY Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
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