I've got to say I've read through some absolutely ridiculous negative comments re the CR announcement this morning.
AGY is a merging Lithium producer who will need money to develop assets and progress the plan. Many companies raise money for directors salaries and to keep drilling holes in the hope of finding something. All do yourself a favor and read the bottom of each announcement. It goes something like this, "AGY believe they have a clear conceptual pathway to commercial production"
This requires money people......
so dig deep buy the shares at a discount to keep your share holding from being diluted and enjoy the ride.
I have held shares in many companies that have done cap raisings and the SP has risen afterwards. Basically ask yourself do you trust management to use the money to increase the companies worth? From my point of view I do. Looking forward to the details and well done to management on the growth thus far.
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