The sad thing about AGY is that it never holds it's SP gains, sure after an announcement they get a SP hike ... that dwindles away. SP gained a little burst and is going back down.
In the period between the last 2 announcements they made a whopping 1.2tonnes of LCE of which just a meager 175kg was battery grade (about 6 weeks between announcements).
Now considering their pilot plant was supposed to make 500tonnes per year that equates to around 1.37 tonnes per day, but it has taken 6 weeks for that 1.2tonnes and only 1/8th of what they made was battery grade.
Doubt that brings confidence to investors with a current MC of $230million. Just saying.
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5 | 1331853 | 0.039 |
9 | 747851 | 0.038 |
16 | 1415149 | 0.037 |
Price($) | Vol. | No. |
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0.045 | 188813 | 4 |
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