General Discussion AGY, page-23627

That's pure assumption mate. They've thrown millions over budget at it with still a fraction to show for it.

The actual fact is we just don't know if it will ever work at capacity - to date they've shown no reasoning that it's possible. This assumption is further supported by them omitting what production capacity they had gotten to since producing ~9t in 2 weeks months ago, and prior to closing the plant down. Will it work if they spend another $45m on it? Maybe. Would that be viable from a economic perspective? Absolutely not. They've shut the plant down for that very reason.

Coming up to 2 months and no update on even the engineering reports or just touching base with the market to update us on their plans for capital preservation. JZ gone into hiding it seems.