"...continuous plant operations from 27 April 2024, at our Rincon Lithium Project." Those words came faster than I expected. Admittedly, "...9.7t of battery quality lithium carbonate" is a long way from desired/expected production levels, however some progress is better than nothing.
More interesting/encouraging is...
"The Company has further advanced potential product sales arrangements, following product testing works that achieved very positive product quality test results. The Company is determining its ideal sales/off-take strategy and timing for current product sales."
This paragraph would suggest that 'continuous plant operations' puts AGY/Puna on the front foot to further pursue those sales/off-take agreements that seem to be a necessary requirement before the wider market will re-rate/increase AGY sp/market cap. AGY sp @ 12,13c is too cheap, but concede the market awaits more milestones/achievements before there will be any meaningful re-rating. So again, we wait...
AGY Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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