The last video I watched Pablo's son said something along the...

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asxDragonslayer

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24/07/24

13:51

Post #: 74894110
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Originally posted by Dr_Manhattan: ↑

Indeed. My main issue isn't so much with the C&M, as much as it is with the reality that the plant hasn't yet come anywhere near its nameplate output capacity. I think this announcement would have been received a lot better if there had been some visibility and past progress on the rectification works. As it stands, a lot of investors will see AGY with a broken plant, pausing operations in a broken state. The 10,000t operation expansion, which seemed more like a distraction in this announcement, is utterly meaningless without the 2kt operation smoothly.

I also can't fathom why the company thought it would be a good idea to hire 150+ employees without getting the plant properly operational. Bakery and all, they seemed so confident. Now they have to let all those people go which isn't a good look for Pablo/Jerko. Were AGY hoping for some funding plan for stage 2 which was torpedoed by collapsing lithium prices + ramp-up difficulties?

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The last video I watched Pablo's son said something along the lines of " 10ktpa will cost $250M and we will start building at the end of the year" I took that as positive........

I agree with your words and I am very disappointed as I've said many times before the announcements are absolutely terrible in relaying any optimism.

AGY Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.7¢	$224.4K	5.906M

Buyers (Bids)

No.	Vol.	Price($)
1	16815	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	616210	2

View Market Depth

No.	Vol.	Price($)
1	16815	0.038
12	2446046	0.037
33	2585574	0.036
16	1985879	0.035
9	1297596	0.034

Price($)	Vol.	No.
0.039	616210	2
0.040	790825	5
0.041	401512	4
0.042	367666	4
0.043	356159	4

Last trade - 16.10pm 05/11/2024 (20 minute delay)

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