More than 2.5 years to get to first production. wow.
They bought a semi-developed project and were not starting from scratch. wow.
Can you remind me how much money they are putting into this project?
Last time I checked, AGY capital contributions (ie, overall capital raised) were something like $80m, with ATL's last one, maybe around $90m.
Sure the returns in Rio's project must be fantastic to support such timeline and hefty capital outlay.
Let's see if they kick off commercial production with Li prices at this level.
Li-related News/Articles/Reports, page-9018
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Last
3.8¢ |
Change
-0.003(7.32%) |
Mkt cap ! $55.32M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.6¢ | $290.8K | 7.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 542672 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| AGY (ASX) Chart |