Good point here. PEA is fine, shows project is viable... I think after this point investors have one major point of uncertainty lingering that would punish the SP as it has... Funding, funding, funding... AGY is at MC of ~170m, and needs ~200m to get this project to the point of raking in revenue and profits. Every company at this stage would face this brutal reality... We need money to make money... It will happen, but looking at those numbers makes investors dizzy. Lots of selling based on this I think.
The project is viable and will make very healthy profits. Anyone who has read the PEA should be able to see that, regardless of detail and nitpicking. I'm sure, funding will be achieved....
AGY has leverage, and I think a combination of OT and CR and Sentinent could make this very interesting.
Clarity will come, but may be bumpy given the uncertainty of funding. That's the hammer to the SP. That will change at some point too, and turn around nicely.
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Good point here. PEA is fine, shows project is viable... I think...
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Last
3.4¢ |
Change
-0.015(30.6%) |
Mkt cap ! $49.50M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 3.3¢ | $1.657M | 43.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2057504 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 1387809 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2057504 | 0.034 |
17 | 3154888 | 0.033 |
6 | 240755 | 0.032 |
8 | 728770 | 0.031 |
21 | 1812864 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 1387809 | 4 |
0.036 | 1525027 | 4 |
0.037 | 1084027 | 5 |
0.038 | 2058846 | 10 |
0.039 | 814666 | 6 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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