As the naysayers were claiming too much magnesium etc etc, we were busy building ponds and an industrial-scale pilot plant to demonstrate potential and viability.
Next thing you know, we were producing battery-grade carbonate and shipping to potential end-user customers for qualification.
Based on actual product and actual processing, using equipment and processes that enabled assessment of scalability (as opposed to simply making product in a lab, proving technical viability and then making bulk assumptions and estimates wrt commercial-scale production), we have estimated up-scaled production factors - equipment/energy/water/costs etc and have high-confidence of a commercially-viable project.
Simple.
But, for some reason, you want readers here to believe your vague “conclusions” and guesswork over a team with decades of experience, led by a Li brine processing expert, that is ticking boxes continuously towards the end goal.
Why?
What evidence do you have?
What reasoning?
I call BS FUD.
The 2000tpa plant will likely have a higher production cost than the PEA proposed for a 10ktpa plant, but as others have mentioned, product prices are well above twice what that estimate was, so:
The 2ktpa plant is likely to be profitable in its own right (JZ has also noted this btw),
But, more importantly, the 2ktpa plant is merely a very short-term stepping stone towards that 10ktpa (and possibly larger) eventual operation.
The 2ktpa plant allows momentum to continue and further de-risks the next stage.
Simple.
The naysayers are being proven wrong, time after time, again and again.
Simple.
That 20-tonne BG shipment must have brought a tear to your eye!
The company has runs on the board and demonstrable progress to support its project’s viability.
What have you got?
- Forums
- ASX - By Stock
- AGY
- Ann: $30M Placement to Fund 2,000tpa Production
Ann: $30M Placement to Fund 2,000tpa Production, page-151
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
|
|||||
Last
9.0¢ |
Change
0.003(3.45%) |
Mkt cap ! $131.0M |
Open | High | Low | Value | Volume |
8.9¢ | 9.5¢ | 8.9¢ | $174.4K | 1.901M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 284548 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 12030 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 284548 | 0.090 |
1 | 120241 | 0.089 |
1 | 100000 | 0.088 |
1 | 100000 | 0.087 |
2 | 61226 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 12030 | 1 |
0.093 | 4374 | 1 |
0.094 | 24222 | 1 |
0.095 | 129794 | 3 |
0.096 | 401389 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |