General Discussion AGY, page-18276

“on Gcar's calcs”

NO.

That analysis related to the amount of money that was transferred from AGY to Puna Mining during the period of construction in 2021/2022.

As previously noted, we do NOT know what Puna’s cash balance was prior to this, we do NOT know what Puna’s cash balance was after construction, amd we do NOT know specifically how much was spent by Puna Mining in that period on other activities (of which their were several) besides plant construction.

Detail matters.


Wrt expansion capex, so what if it’s $200M or $250M or $300M..? What is the impact on NPV etc? Do some analysis and examine it. It is hardly a dealbreaker.
Obviously the company and potential strategic partner are in discussions about these factors and are working with the most current estimates they possibly can. Contracts will be signed when all ducks are lined up. Simple.
Being prepared by understanding the implications, prior to the figures being announced, helps us to manage expectations and make better investment decisions. Those ignoring the hard detail do so at their peril imo.

In the meantime we continue getting the plant operational and progressing prep work for the expansion. Simple.



imo
Dyor