2018 Charting, page-1420

AGY timing their run to perfection!!!

As @Scholztrade mentioned in his post
https://hotcopper.com.au/threads/ge...26838/page-5991?post_id=34710858#.W2gTf9Nub6o
- August and September are usually BIG manufacturing months in China!
-I'd be surprised if they can hold it back much longer
- Demand is coming and guess what we are in the sweet spot for the  maximum returns for all shareholders.
(you got that right!)

If you want to see the proof then check out the 12 month chart on LIT:ETF.
You may want to note the date it started to accelerate upwards quite dramatically...

Fast forward 12 months to the start of the exact same week!
There was a little bit of green to finish last week but is that going to continue to accelerate?
Time will tell but history is usually a good judge...



If you're still not convinced have a read of this excerpt from Metal Bulletin..

Battery metals deal activity starting to accelerate, says EY
Mergers and acquisitions in the metals and mining sector may have slowed overall but battery metals deal activity has begun to accelerate, according to a report by consultancy EY.
Deal value for rare earths and lithium assets was up 22% year on year in the first half of 2018, with companies increasingly looking to capitalize on future demand for electric vehicles (EVs), the report noted.

“Mining and metals companies are increasingly excited by the potential of minerals supply into battery technology, which may encourage acquisitions and investment into earlier-stage assets,” Lee Downham, EY global mining and metals transactions leader, said.

Today was a great day for all holders but IMHO was only the tip of the iceberg.
AGY has a number of positive news items coming in the near term that have great significance on the the SP and future of the company.
Add to that the growing global demand of lithium and looks like we are onto a winner!