Nicely done Ellroy and many thanks on behalf of those east from U !
Interesting that Pablo felt comfortable enuf being at the AGM rather than holding the hands of the production team at Rincon.
Also interesting that there was a large turnout. Obviously many still holding tight even in the face of recent selling. Yes we seem to b moving back to oversold once again. BUT there still seems to b pretty good support at around 40. Hopefully bodes well for the sp in the not too distant future.
From my pov from the report, it’s good to c them moving into 10kt pre-development and clearly illustrates their confidence with how this aspect of Rincon is coming together. Probably another reason Pablo felt it important to b present at the AGM to assure holders that all aspects of Rincon r mostly following expectations.
Fundamentally nothing has changed with AGY as far as I can c and if anything there is more in this report that indicates strongly that the 10kt operation is not far away from approval, altho I would b surprised if it wasn’t contingent on the 2Kt production being fully ramped.
Gr
AGY Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held
