General Discussion of AGY, page-2666

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kevin103

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02/12/19

23:16

Post #: 41758266
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Originally posted by GCar: ↑

@kevin103

FUD:

"there is also zero evidence of a profitable BG production process."

FACT:

A Li brine industry expert with decades of experience has constructed an industrial-scale pilot plant to demonstrate production of BG product from Rincon brine, and to clarify the costs associated with its production on a commercial scale. This testing and development work has indicated an operating cost of US$4,645/t.
Even if current prices persist until we are in commercial production (unlikely imo due to the upcoming release of many new EV models by many manufacturers over the next few years), there is still very significant margin for that product. DYOMaths.

Is that 100% proof of a "profitable BG production process"..? Well, not 100%, but it CERTAINLY should constitute reasonable "evidence" to a reasonable person.

DYOR!!!

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It says it quite clearly, those are estimated costs, estimates taken not from a commercial plant operations but from the pilot plant.

Now that the pilot plant has to be scaled back and doesnt appear to have an efficient production process as per last pilot plant update, it further throws into doubt whether any of the PEA metrics can be relied upon.

We just wont know until the actual 2k tpa plant is producing in about 2 years frrom now.

AGY Price at posting: 8.4¢ Sentiment: None Disclosure: Held
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