AGY ponds are not ready to produce such volume - Ponds take about 18 months to dry up enough to extract the lithium deposits, hopefully AGY in next monthly update gives us current photos of ponds.
1 Tonne a month is a start, but way off the 166 required per month for the 2000TPA.
Water is a serious issue for production, hasn't been mentioned a lot in these forums, but AGY says the use low water volume, not sure exactly compared to what as there are a only a few brine operators in production.
The 3 year plan for 2T production is about right, brine production is not like hard rock like PLS - just digging it straight from ground.
Every shareholder needs patience and cross all fingers Government approval for EIS otherwise it's just a family operation.
For now, a buy under 40c.
AGY Rincon Plant Progress, page-461
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