Hey y'all happy eve of New Years Eve.
Time for a Jezza chart hey?
View attachment 4945575We've had a nice bounce off the support line, which hopefully holds if the sellers want to have a 2nd crack at testing it. A bounce was a very positive sign though.
I'm looking at end of H1 2023 as a very important date for us because the bulk of every announcement we've ever been waiting for from the company has been set via their timelines to be ticked off by then. We should see an incredible change in valuation with these ticked off. The trend lines gives us a range of 80c - $1.28 which i think sounds about right.
We need to keep our eye on the lithium price which is coming down slightly due to a slowdown of battery manufacturing in China with their COVID scares and who know what else is going on over there.
View attachment 4945581I think it will definitely hold and stay elevated at a minimum until 2024/2025 as suggested by Benchmark Minerals Intelligence which have never been wrong on lithium so far to date. I think everyone here is confident in AGY, so the real beast to be watching are those lithium prices incase anything changes.
Steady as she comes boys, here's to a year of gains that changed my life.
Cheers.
Your boy - Jez
