Charting is a wonderful thing, things are oh so predictable.
Our run stopped exactly on the red line (placed well in advance).
I think we may be kept within these bounds until any of the following things happen:
- Approval for 12,000 t.p.a plant from Argentinian government
- Funding & offtake for 12,000 t.p.a plant
- if (a) or (b) don't happen in the next few months (they should) then at least finishing the 2,000 t.p.a plant will put us into producer mode, and the charting boundaries should adjust accordingly.
I'm noticing a market cap of around 2.5b for some of the other lithium juniors not into production yet such as SYA and LKE. i reckon we would hit at least 2.5b in the next 0-2 years once 12,000 t.p.a is a reality.
That would put us around $1.50-$2.
not bhed, not bhed.
AGY Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
