I actually agree this is a wise move whether you like it or not.
IMO people have had only an hour to decipher this information and haven’t really thought it through. IMO this will stop the need for any near future capital raise (shorters who would be banking on a Capital raise will know this and at least cover to sustain current share price).
Just imagine this realise was for a capital rise.
It’s very clear we can churn out product quick when price recovers. If plant working good then reducing workforce shouldn’t be a problem to have to step up as the equipment does most of the job unlike spod where need large labour force to dig out of ground. IMO I think it is wise to get the 10,000tpa plant up and going and provide monthly updates.. Deep breaths ppl!
AGY Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
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