One of our biggest failures is not raising any funds in high pricing cycle.. Not enough rainy day funds to endure long term poor market pricing or more importantly to rectify-reengineer the 2000tpa during current pricing cycle so that it can produce economically when demand-supply swings... Given forcasts we may have to wait 3-5+ years to see an up price increases... and we will not be in a position to capitalise at all if that plant doesn't produce at scale economically.
RK equity presents-Fastmarkets pricing panel is worth a listen.
Possibly the US market's bit of positivity is around realizing that if Trump gets in that EV's arn't likely going to suffer as bad as 1st assumed.
I'm obviously off the xmas card list as I didn't get a response to my email.
Tight lines.
AGY Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
