You've made a lot of comments pointing out what you "think" a strategic partner is looking for. However, you've overlooked the most glaring and crucial aspect. A strategic partner seeks a bargain price, while AGY aims to secure a high price. These obvious primary objectives are contradictory, placing potential partners in a position of considerable leverage due to current lithium pricing. It's evident that potential partners are vigorously negotiating for a deal that favours them, rather than AGY shareholders, and JZ is striving to negotiate a compromise. Recent releases indicate as much (refer below).
These potential partners aren't naive; they're aware that AGY have approximately 5-6 months of funds remaining, and they will undoubtedly exploit AGY in terms of price and conditions. JZ could dismiss them outright, but without significantly enhanced production from the 2 ktpa plant, this would only lead to inevitable rounds of fundraising while he awaits improved pricing to secure a more favourable deal.
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 150000 | 1 |
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| Last trade - 16.30pm 04/07/2025 (20 minute delay) ? |
| AGY (ASX) Chart |
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