I think confirmation of funding the 2ktpa plant is much more bullish than the dilution attached after several years of bad lithium sentiment and AGY staying exceptionally frugal during this difficult time. 13c is a good deal IMO after what has been an epic lithium push out of the lows last 6 months.
Sure we may see profit taking from some but this is the most derisking event for AGY in a long time. Pablo is hungry to push out high grade product at a larger scale, get this plant up and running while building more potential LT partners and AGY are going to be in great shape for the EV revolution. We know the Salta gov are on board and they know projects like this will encourage more foreign investment and export dollars. Great day for holders IMO.
GLTA
AGY Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
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