Actually 20-30c would be "fair" IMO and I believe it will stay at this point at least until late 2020's. This is just super rough valuation based on the massive dilution AGY will need to have moving forward if they want to fund the next stage this year (or any year for that matter).
As usual, and of course I would love to be proven wrong for everyone's sakes, including mine.
JZ to make the history books and get pre-payment/strategic investment at 2x his companies market cap. Would love to see it if it helps the share price!
The only way I see us getting out less unscathed would be to sign an industry known name tier 1 offtake, that will really get the share price moving, then raise at much higher prices.
AGY Price at posting:
12.8¢ Sentiment: Hold Disclosure: Held
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