The price of lithium seems likely to remain low for a few more years. Lowry's predictions have clearly been incorrect. Even if the price does recover, operating a plant well below its nameplate capacity is unlikely to be economical. It's hard to see a positive way out of this situation. Additionally, we lack funding for stage 3, so where is that going to come from? I imagine there's not much confidence in investing in a company that hasn't proven itself. All I can foresee is the share price slowly declining from here...what is possibly going to lift it? And that sneaky little announcement the other day I cant help but think was a little more BS so some people could sell out.
AGY Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
