General Discussion AGY, page-23164

"AGY well equipped to see it through."

Well, no that's incorrect. They're not equipped at all... They cannot afford it. The longer they cannot get production going, the more funds they blow on their 'learning experience'. Recession or not, Puna are getting paid $3-4m per quarter. They're laughing all the way to the bank no matter what, they can take their sweet time. Right now, that's simply shareholder money paying them for a product and process that does not meet the requirements.

But if you mean well equipped as in when they cap raise it will be subscribed to, then yes, cap raises rarely go pear shaped and we can be sure it will be oversubscribed along with all the dilution that comes with it. Btw that's not a good thing, as much as the last of the rampers like to try and fool people into thinking that's a great position to be in.