In hindsight I am happy I sold early this year in stages. I still believed in AGY at the time but just wanted to lock in profits. Also didnt expect it would take so long for the company to get up and running. Overall, announcements like these seem to confirm that the oversupply doom scenarios are too optimistic about supply coming online. I still think AGY is a good long term bet at these prices but they do have to get their process up and running. I will steer even more to hard rock projects and will only invest in high grade brine with low impurities like GLN.
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