Fundamentals are shot. While there's panic and the market absorbs the news, this will go up and down like a springboard. If you're a trader, have at it. But with todays announcement, no other projects on the go, and all they're doing now is going to be spending money on engineering reports (that will likely and eventually) need re-doing, as well as continued payments to Puna to pay employees, this will drift lower. Over the coming months, COVID prices won't be out of the question (~2.5c), except this time it's not a world pandemic causing the crash, it's by their own sword.
I wonder, is JZ willing to take a pay cut while AGY sits stale for the next couple of years... or longer?
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