Interesting.
I can't seem to find any revenue from the only other sale they've done - 20t to YN Chemical Co Ltd, 5 years ago. Perhaps I've missed in the financials somewhere along the way, but I'm fairly sure I hit all of them well into 2021 and after all shipping documents were received.
This isn't including the 500kg sample they sent to Mitsubishi RM earlier that year (which I also cannot find any revenue for).
Once again, the shipment payment terms were the same; payment immediately on receipt of shipping documents.
If proceeds of sales are going to Puna, and will never reflect in AGY's balance sheet - AGY will
always be running at a loss on paper, as Puna financials are not public knowledge. This bodes extremely bad for the public image of AGY and it's investors, when they're able to hide a crucial part of the balance sheet.
Once again, if anyone has further insight I would be interested to hear.
(20min delay)