well said JM115
As a member of this investment community of i'd argue 6,000 holders i do hope holders think of AGY beyond the Rincon 2ktpa project.
Alot of holders will sell the news as is expected after a long investment cycle, however in doing so would miss out on the expansion and what we often forget about is Tonopah
This asset alone would have been a 100m exploration company if it was spun-out, as we get news of exploration target and thereafter we will have more value attributed to this project. Also worth noting this is a LCE operation in USA which is rare
More than that, American Lithium did a PEA on a Tonopah project with land - 3.2b US!
https://www.*****.com/news/2023-02-02/American-Lithium-announces-very-robust-maiden-PEA-for-TLC-with-after-tax-NPV-of-3-26B.htmlWorth noting:
American Lithium is very far north from the big mine
Where as we are right next to the big guys, so what will our resource be? Could and likely to be bigger than Rincon
This is in US operations; operating at the lowest cost profiles; attracting US Gov funding; and good acerage, as a explorer with a single hit, i expect it would be a 500m company; thats the agenda for 2023.
Hold on to your stock IMO and DYOR
