Back in the drawer for another 6 months plus. History says here that when we target Q1 next calendar year for something, we can add a few quarters onto that. Now that is a fact, you can't argue with history. Go look at the various multi quarter/year milestone projections from the management, if you want to argue with this proposition.
May just be that Romy and co are waiting to see proven process at 2kt/an capacity before permitting. Maybe they only see the province permitting so much in total and want to have proof of capacity to produce prior to permitting. Who knows. We are given no indication as to why the hold up now, so we are left to guess.
All-in-all, forget about the state of the share price, it has been a piss-poor year in terms of execution.
My long term hold is getting a lot longer than I anticipated. But, I will hang in there nonetheless.
AGY Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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