Li price is low and the power is in the hands of the refiners or offtakers etc. They want big supply for long term. The 2ktpa was never going to be forever or a stand alone business.
What surprises me is the luxury solution Pablo was building almost without regard for cost.
He will now have to front many workers and stand them down but JZ has simply put out an annoucment that again looks like it was thrown together in 30 minutes.
Lets hope the qaurterly has the attention paid to it that deserves.
We should also see an updated company presonad well.
Holders deserve that.
I bet the inbox is full tonight.
AGY Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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