AGY/Puna have burned ~A$50k per day for the last six months, so it’s reasonable to assume that they are still burning cash at that rate.
9.7t / 14 days (omitting the downtime) = ~0.7t produced per day
Current spot rate is ~A$22.8k.
A$22.8k x 0.7 tonnes = ~A$16k gross revenue per day (if they had a customer).
That means that even if we disregard all royalties, taxes and other costs, AGY/Puna are still burning $34k per day at this current rate of “continuous operations”.
There’s no avoiding a cap raise IMO.
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $20.38M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $4.027K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 8087078 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1634371 | 19 |
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| Last trade - 15.51pm 17/06/2025 (20 minute delay) ? |
| AGY (ASX) Chart |