Ann: Rincon Lithium Project - Progress Update, page-95

Can you remind us what the “li price” was doing in the 2 years prior to AGY raising capital to fund the 2ktpa plant…?

I’ll save you some time:
It went from circa $12k/t to 11 to 10 to 9 to 8 to 7 ….. and you seem “baffled” that they went to the market for the $30M in Feb 2021….instead of securing a funding deal in the midst of shite prices, the Covid restriction bs etc etc…. ?

Plans change.
Influencing factors emerge.
Opportunities change.
It’s called reality.

btw what actually is the big deal if they do need to raise some capital to bridge the gap between exisiting cash and revenue+strategic partner funding…? The haters keep preaching “disaster”, but why exactly?
Is it like your predicted “disaster” that was going to happen when the milestones weren’t hit last quarter and the sp was supposedly going to drop to 6-7 cemts..?
Oops.

It’s clear as day that some vultures are circling that want to buy more as cheaply as they possibly can, and aren’t shy about making big negative calls.