General Discussion AGY, page-535

The supply demand aspect will be fully in our favour in 12 months time. OEMs will be locking up supply to secure their upstream battery minerals as there's not enough to service everyone. The market doesn't understand upstream production so we are seeing a lack in investment in this area which is causing a massive supply demand discounted. 24 months to bring a gigafactory online and 7 years to bring a new lithium mine online and then achieving battery grade is not guaranteed. Also to add, OEMs will choose brine over hard Rock if given the time as it's a clean green approach with a significantly smaller carbon footprint which puts the OEM in a more environmentally friendly position. We have seen this already with BMW, others will follow as more people understand the process.

When AGY go for 10ktpa funding we will be in a totaly different world, if you can't see this then this space might not be for you just yet. See you in 12 months.