Do you realise that all someone has to do for belly laughs is search for 'future reference' in your posts, choose one at random over the last few years, and see how extremely and consistently wrong you are? With that in mind, this simply adds weight to the prediction being as correct as all the others you've dismissed in the same way.
Absolutely, I have extreme confidence that in two years AGY will be below 4c. You can twist my words some time before than and say "AGY went from 1.5c to 2.4c and Sdaji said it would never increase in price, what an idiot LMFAO *facepalm*, but at this point only the extremely deluded and desperate are taking you seriously. I'm more sure now that in two years AGY will be below 4c than when you were mocking me for saying AGY would never again see 80c.
It would be fun if someone kept track of every time you put things down for "future reference" and down the track in the future pulled you up on them. You're so consistently wrong.
Unless we're being incredibly delusional, it's clear to see that AGY is a train wreck which crashed into a dumpster fire. It's literally resting its hopes on a project which already failed twice, ongoing attempts have been indefinitely abandoned, even if it did work, which it doesn't, management says wouldn't be economically viable at the current price, future prices will only come down as production methods and recycling costs reduce SIMPLE.
Lithium isn't a scarce resource, it's just difficult to process, and we all massively underestimated the ability of the industry to ramp up production and reduce production costs, something ongoing. Currently lithium carbonate can't be recycled economically, but there will be big pressures to develop that technology and it will be subsidised, and once recycling starts it's going to wipe out producers at marginal or worse production costs... who are you really trying to kid here? No one is going to fund the expansion of a failed project. Heck, even if they actually had a functional plant which wasn't economically viable at current prices (which management says is the case), gaining funding without obliterating shareholder value would be a tall order and holding at this price would be highly questionable! Imagine holding when they've already clearly demonstrated many years of inability to get anywhere! This thing is already dead, it's just a question of how long it takes for people to accept it. I'm glad there were deluded folks who bought my shares for as much as they did, current holders should be glad there are still people willing to pay 4c/buy in when the market cap is around $60M!
But, hey, ramp this down to a share price of however low you like. I'll stop in from time to time. I'd love to see everyone wake up but will marvel at the wonders of human psychology if they don't.
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