AGY Expansion, page-14

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Beave

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14/11/21

12:12

Post #: 57561434
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Originally posted by Sdaji ↑

Sounds like you're working on share prices rather than market caps. Do you know the difference? Having said that, SOI for these companies are similar so the share price does almost work as a surrogate in this case.

Don't get me wrong here, I'm a very happy AGY holder and am not tempted by LKE, but LKE has a much larger resource and if you assumed dilithium carbonate prices will hold long term (which I don't), LKE might be the better long term investment depending on several variables. LKE certainly has a much larger proven resource size than we do, which is a big advantage over AGY. By that metric alone they should be valued at a larger multiple to us. Sure, we are much closer to production which is why I'm in AGY, but long term as a 10 year sit and hold, LKE will probably perform better than AGY - they do have a far larger resource and eventually they will get into production. It will take years, but they will get there, and while yes, we'll have 2KTPA merrily producing mid next year, that's barely a tiny little percentage of LKE's production size once they get going.

However you spin it, valuing AGY by pegging LKE as a reference point of value doesn't really make sense.

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I read that a few times and still none the wiser what you are trying to say.... talk about flip flopping.

AGY Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.3¢		Change -0.005(5.68%)		Mkt cap ! $120.8M

Open	High	Low	Value	Volume
8.6¢	8.7¢	8.3¢	$39.23K	463.6K

Buyers (Bids)

No.	Vol.	Price($)
4	225134	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	22988	1

View Market Depth

No.	Vol.	Price($)
4	225134	0.083
3	336585	0.082
3	164691	0.081
4	699548	0.080
3	111848	0.079

Price($)	Vol.	No.
0.086	22988	1
0.088	115624	2
0.090	157851	4
0.092	219587	4
0.093	15300	1

Last trade - 16.10pm 10/07/2024 (20 minute delay)

AGY (ASX) Chart

AGY Expansion, page-14

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AGY Expansion, page-14

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