Just when you thought you’ve heard it all, now apparently JZ “might be” leaving so he can sell his shares without “disrupting” the market.
LMFAO Robbie!!!!!
It beggars belief the desperation of the haters.
Some people still can’t read, apparently.
The company has put a pause on the rectification and ramp up of the 2ktpa plant due to the current market environment and near-term pricing forecasts. The key is to protect capital and minimise dilution until the market shifts. Simple!!
Anyone who has done their DD understands that this pricing environment is not sustainable in a market growing at +++15-20ish % p.a.
Virtually all Australian spod producers, for example, currently going backwards!!!
DYOR on AISC of various producers globally!!!
Now the usual calls for the heads of management and then the board; standard numpty responses!!
“Vote them out” blah blah heard it a million times on stocks across the board when times are tough!
Typical!
If the haters posted on every spec miner forum that the company was doomed and would never produce, they’d be right more times than not!
Just as the haters in 2016, who said the company couldn’t make BG from Rincon, have long since vanished, so too will the current haters.
Remember they told us all that we’d not get the expansion permits until the 2ktpa plant was ramped up and we proved it could operate smoothly?
What happened to that?
Now we’re hearing that it’s absurd to pursue permits for a 24ktoa operation, since we don’t have the 2ktpa ops sorted and don’t have the funding for the expansion yet….
Newsflash - permits can take years, and remember we started the expansion permit process when we had only a few mil in the bank, and before we even had the funds to build the 2ktpa plant.
LOL!!
Haters simply weren’t prepared for the risk they took with their $$$, and now can’t stand that many are still positive about the future and content to ride out the current storm.
Continually chanting
“You’ll never get funding”
Etc etc
is just fearmongering sour grapes.
We see this emotive crap with every big wave across most stocks…. Hilarious!
….what do you think ATL asked AGY and Puna Mining? Use your grey matter and beware the burnt pirates who want everyone to share their pain.
imo
Dyor
AGY Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)