Blah blah blah.
Everything is a plan.
Of course they are planning to reach a funding milestone and then FID.
This is hardly unique and claiming that they are biting off more than they can chew by laying out those targets is desperation on your part that is beyond belief.
imo the funding and development risk is more than factored into the share price, with our market cap now less than it was before we had even secured funding to build the 2ktpa plant.
We ALL know that expansion funding has not been secured yet; the funny part is you basically ignore the upcoming derisking that occurs with the work planned over the next 12 months.
YOU clearly don’t think they can secure a funding deal.
So what?
Many of us see it as just a matter of time, and are more than happy to take the risk on offer from a sp level under 4 cents, considering the potential upside.
Upside, btw, that you and a few others will not speak of, as it doesn’t fit your sell narrative.
The sp recently halved in what is effectively a delay of somewhere around a year…. Oh no, an additional potential 100% return for having to wait a year or so… how terrible.
No talk of risk-reward, just doom and gloom; how convenient.
imo
Dyor
AGY Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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