General Discussion AGY, page-24431

Wow.

Gcar:
"The company’s strategy has always been to work through several stages of increasing scale to derisk both the processing technology and the investment requirements.
You know this.
We all know this.
Who do you think you’re fooling?"

This is just a complete dissociation from reality and the facts. The company stated to the market that the 500TPA plant was intended to generate positive cashflow to help build the upscaled commercial plant. You know this is true, you know AGY announced this to the market. The way you use 'derisking' is just bizarre. They built a plant which was supposed to generate revenue to expand, not just to do some nebulous 'derisking' which somehow involved failing to operate properly. Then building the larger plant was supposed to generate a lot of revenue, it was supposed to be company-making. We all know this, it's not so long ago you and everyone else was talking about it, most of the people in these discussions here can remember it. Now it has been relabelled to a 'demonstration facility' and you're trying to say the plant was designed to 'derisk' (whatever you think that means) and it did its job and the company strategy is working as planned???

You know what you're saying doesn't make sense and is deliberately dishonest and misleading. We all know this. Who do you think you're fooling? Well, I suppose to be fair, plenty of people are desperate enough to believe it that they are fooled, but to those who believe it: Do you really want to be fooled? Your choice!

Gcar:
"It simply beggars belief the audacity with which you lot criticise and attack the company’s strategy, decisions and progress, despite none of you having ANY actual expertise or experience in the industry.
Classic armchair experts, a common theme among many forums, especially when people have lost money and/or seen their investments/gambles go the wrong way. "

You have used this concept as an argument over and over for years, but it doesn't make sense. You don't need to legal expert or entrepreneur to know Christopher Skase was a dodgy character. You don't need to have a career in politics to know Nixon was a bad politician. You don't need to have experience as an evil dictator to know Hitler was a bad guy. You didn't need to have any sort of experience in the industry to recognise that Blockbuster video was going to die.

You can repeat this argument as long as you like, but it doesn't make sense, and the vast majority of shareholders have no experience in the lithium industry anyway, so your logic most shareholders should just sell and only people involved in the lithium industry should invest in AGY.

Gcar:
"Be ashamed"