wait until we run out of money to sell the product at multi year lows
JZ had forecast the average lit price as $15-20K per ton and waited until $11K per ton to start selling
why would a corporation not sell at multi year highs and wait for multi year lows to sell
"Let's keep our product for our partner who won't in turn pay a premium as compensation for our opportunity cost/loss in stockpiling the product."
Anyway, we are now working out logistics. How do we get it there???
it seems that the JV has nil foresight and waits for a bottleneck and only then thinks to resolve it...
simpleton: im baking a cake, i need flower, ill go to the shop, im back home now, i need eggs, ill go to the shop, im back home now, i need sugar, ill go to the shop, im home now, i need a baking tray, ill go to the shop, im home now, i need gas or electricity, ill call the distributor and retailer....
wonder what the 190 employees and JV partners kids are doing today... what on earth could they all be working on, yes, logistics protocols????
AGY Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
