Totally agree, and there's nothing negative about the progress update itself. I'm just saying that it's a nothing announcement for the time being, with the only tangible progress being the addition of a bakery, gym and rec room. The market seems to agree with me on this, with AGY sitting well below my other Li plays today.
Achievement of 99.9% battery grade product, even in small volumes, is no small feat and AGY is to be applauded. However, until we see significant volume increases (0.7 tonnes in a month won't cut it BTW), we can't really say they are making progress with scaling production. "Semi-continuous" is just a fresh descriptor to keep shareholders happy, but it's not tangible in any way.
AGY Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
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