Ann: Rincon Lithium Project - Progress Update, page-70

I asked JZ months ago if adding multiple filtration units in parallel was something they were looking at. Apparently it's not an option.

To say there is no chance at all that it will fail is literally delusional. Let's not lie to ourselves and each other, this is high risk.

Also, as for your other post, I'm not sure how you made the error, but we don't have anything like enough funds to get through 5-6 years. It's literally more like 5-6 months, and the amount of product we've made to date is completely trivial in terms of keeping the lights on. If we aren't bringing in serious funds by mid 2024 at the absolute latest, we're going to need a CR and in that case it's going to devastate the share price. Let's not lie to ourselves and each other, the reality is that if we're still not in production by then, the market is going to have far less confidence in AGY than it does now, and I don't have to tell anyone that it's currently terrible.

Yes, I hope that we'll get the filtration issue sorted out next quarter as they've suggested... but as you say, I've been around for a while now, and I know you've been around long enough to see the track record of AGY's indicated time frame guidance. We can at best miss the latest guidance by one quarter before we need to raise capital (unless we actually get some sort of funding deal from a partner before we're in production, which presumably wouldn't be a great deal for us).

This is why we're currently so cheap and yep, if we actually do pull it off we'll see a multibagger from the current price. That's why I'm here, but to avoid a collapse in price we either need to see time line guidance met (which would literally be a first) or for some sort of offtake deal involving us getting prepayment despite not having demonstrated that we are capable of commercial production, which obviously is a long shot.

I know most people just want to talk about blue sky scenario, I know the most popular people and posts are the ones which promise we'll definitely all be buying Lambos next quarter, I know harsh realities aren't popular, but a lot of what you're saying just is not correct.