“no one will sign an offtake without the 10ktpa permits being in place. If it weren't the fact, they would have presold their 2,000tpa long ago, even before construction.”
Again, this is absolutley NOT a statement of fact, despite being presented as such.
Who do you think you are fooling?
Do you think every member here is a simpleton?
The absolutely clear and simple point is:
The fact that we do not have an offtake in place yet does in NO WAY prove that “no-one will sign an offtake without the 10ktpa permits being in place”; it is entirely possible - and a distinct possibility based on the actual evidence that I posted above - that there are one or more parties who would eagerly have signed an offtake for the 2ktpa, however, the terms of these proposals /deals would NOT be acceptable to AGY as they would not be considered to be in the best interests of the longer term business.
AGY/Puna has NEVER been desperate for an offtake, they do NOT have to settle for a sub-par deal. Simple.
Oh, and if you hadn’t noticed, the company is trying to piece together a strategic longer-term partnership incorporating expansion funding and product off takes; it is far more complex than someone simply being willing to “sign an offtake”.
Spend some time on comprehension before spouting more nonsense generalised claims.
The apparent logic that you attempted to apply there was fundamentally flawed. If you can’t see that then I seriously think you are in the wrong game with this investing stuff. Wow.
Need it dumbed down a bit?
Bob: I’ve got a bike for sale
Jack: You haven’t sold it yet because it doesn’t have a pink basket
Bob: No, plenty of people are interested, and several have made me offers, but they are too low.
Jack: You’d have sold it already if you had a pink basket on it.
Bob: No, I could have sold it already but I am not being offered the price I want.
Jack: Nah, the fact you haven’t sold it proves that those buyers wanted a pink basket.
Bob: No, I even asked some of them if I added a pink basket would they give me the price I wanted; they said no, they weren’t offering me what I think is fair value for the bike.
Jack: no-one will buy it without a pink basket.
Bob: I could have already sold it 5 times over but NOT for the price I want for it; what part of that don’t you understand….?
Jack: Then it must just be a sh!t bike. No-one wants your bike.
Bob: **faceplam**
Ring ring… anybody home?
Dyor people!!!!
ps. “More likely fact than not”
LMAO !!!!
Apparently “facts”’now have an associated likelihood…??!! Learn something every day!
Wow.
AGY Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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