The market isn't too fooled by the cut and paste optimism this time. Even on a killer positive day the price is basically just managing to tread water.
There is enough in the bank to scrape through to about the end of next quarter, which means a CR before the next quarterly (at the next quarterly they'd basically have to admit they're almost completely out of money, the market would already know, and the already low price would drop like a lead balloon).
We just had a progress report recently, the activities report today doesn't mention production quantity. I believe production will ramp up rapidly this quarterly just as much as with hindsight I believe all the other imminent ramp up promises/predictions, etc.
It's very telling that all the optimistic posting from the cheer squad stopped when the market opened and the reality that this wasn't good news was demonstrated. AGY is just lucky that today is such an extremely good day for anything related to lithium.
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