Am a long term holder and although I haven't posted on the AGY forum for a while, I have to say right now that I'm very impressed with the progress that Jerko, Pablo and co. have been making of late.
So now AGY has 2 projects - one at an advanced stage and technically in production with an HOA to scale up, and the other located within short distance to Tesla's Gigafactory). This is in addition to the unique IP that has been developed and refined by Pablo over the years and allows AGY to efficiently produce Tier 1 quality carbonate (and potentially hydroxide). Good stuff all around.
In terms of project funding, IMO it's extremely likely that AGY will secure the relatively small amount (required to scale to 2000t) from a strategic partner. And to prove my point, thought I'd share this very recent report given that it relates to another Argentinian brine project that is at a similar stage in it's lifecycle.
'This morning (August 19th), Lithium Americas (TSX: LAC) announced the closing of a US$160 million cash injection from Ganfeng Lithium, taking Ganfeng's ownership in the Caucharí-Olaroz JV project from 37.5% to 50%. This was done at the project level; no new shares of Lithium Americas were issued.US$160 million for an additional 12.5% values the project at US$1.28 billion, 50% attributable to LAC. Great news for Lithium Americas and for other advanced-stage lithium brine projects in Argentina, ...'
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