AGY Expansion, page-17

True there are a lot of known and unknown variables between AGY and LKE but reasonable comparisons can be made when these are taken into consideration. One big one is that they're both brine hopefuls going for sustainable practice based on chemistry and conversion rather than just dug it up and shop it out. Not only the same market but the same short supply chain to customer approach. The big difference is that LKE have just run up a big MC on potential, which AGY did in 2017-18, before the orphan period in which they proved their process, funded and built new facilities and prepared for expansion. While LKE will go through the same as timelines sink in, profits get taken and price lulls, AGY's steady and measured gains over the last year are on a much higher and longer trajectory. The amount of JORC resource will always be a factor, but there's little doubt now that it will work, so the resource size can just be multiplied in as new tenements are acquired. There are plenty of them.