Indeed. I agree that people need to look at the sector's history more to get a clearer picture of this. The assumption that AGY would ramp without issues to nameplate when it's far more common for even the big boys in the sector to have ramping issues was unrealistic. Whether it's a carbonate or hydroxide facility (or often even hard rock spod concentrate), delays are more common than hitting presentation timelines, especially for new players entering the sector. One just has to look at ORE's ramp history, or SQM at Antofagasta in 2017/2018, or Tianqi's Kwinana or ALB's Kemerton or MIN's Mount Marion expansion or almost any other operation to see that timelines are rarely met.
AGY Price at posting:
12.8¢ Sentiment: Buy Disclosure: Held
(20min delay)