In all seriousness investors have a right to be annoyed.
We are meant to be in operational ramp up to 2ktpa throughput. A mechanical issue in the simplest circuit has delayed/hamstrung output to 10% at best for over five months now. The lack of timely updates on this issue is unacceptable. Normal incremental output improvement is to be expected in this game but stuck at 10% for months is not. At this stage we should be getting weekly updates on an issue that critical it is affecting 90% revenue. Any competent business would do so.
It's going so long that I am starting to suspect the Lithium guru has under designed the primary solid throughput to support 2ktpa operations. The belt press cant filter fast enough lets call it a mechanical issue.
Worse still they keep pushing back our "operational start" using a thesaurus to avoid it. We were meant to be operational a long time ago, even if ramping up.
imho
dyor
- Forums
- ASX - By Stock
- AGY
- General Discussion AGY
General Discussion AGY, page-18742
-
-
- There are more pages in this discussion • 4,990 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
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $131.9K | 3.384M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 872154 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 990329 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 872154 | 0.038 |
5 | 730581 | 0.037 |
25 | 2570708 | 0.036 |
25 | 2584608 | 0.035 |
6 | 1226910 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 990329 | 8 |
0.041 | 670500 | 6 |
0.042 | 998817 | 10 |
0.043 | 1577500 | 3 |
0.044 | 1316726 | 8 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
AGY (ASX) Chart |