ORE's site works at Olaroz began on 21 November 2012. In less than four years, they reached a production rate of approximately 3,000 tonnes per quarter (12,000 tonnes per annum). Conversely, AGY commenced site works at Rincon on 18 November 2016. After over five years, their quarterly production stands at around 30 tonnes. This starkly contrasts with ORE's rapid achievement of 3,000 tonnes per quarter in less than four years. AGY's accomplishment represents only 1% of what ORE achieved in a similar timeframe.
Referring to AGY's progress as "fast tracked" should now be a source of embarrassment.
AGY Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held
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