Your price per tonne may well prove to be conservative. There is considerable upside possible based on new reports that the EV revolution growth rates are underestimated.
Increase in capacity is the real kicker; I can't see AGY happily sticking to current land holdings. Once a new Lithium producer emerges with a proven process the car companies will be begging them to ramp-up capacity; they have no choice - they will be squeezing all capable producers for everything they've got.
Think in terms of global expansion and domination.
Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-133
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Last
3.8¢ |
Change
-0.003(7.32%) |
Mkt cap ! $55.32M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.6¢ | $290.8K | 7.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 542672 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| AGY (ASX) Chart |