Some more comparisons on Lithium sp's across 1 year shows AGY at just over 86.5% down. CXO at just over 81% down. SYA at just under 84.5% down.
Its not a big difference between them and some of their nearest competitors. All of these have charts that mirror the Lithium price chart. So let's not have anyone pretend that AGY is a lone Wolf on this front. If your investment is 80+% down then no one is happy.
But there certainly is an opportunity of affordability to accumulate here while these kinds of stocks are bumping along low levels. Personally I'm not complaining, I've seen the intent of world leaders to use the transition to EVs as one of their top 3 levers to pull in the fight against climate change. Have we had a set back, yes, are shorters and manufacturer countries helping to manipulate prices, sure.
But the base case remains in place and the planet is kinda depending on it.. there is no plan b. So it all comes down to having the patience to outwait them and reap the rewards.
AGY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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