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01:36
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Originally posted by Megagene79
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AGY continues to outperform and exceed expectations on its Rincon project developments unlike many other small cap explorers who jumped on the Lithium bandwagon 6>18 months ago. From a company that was a 2>3 mill cap when i entered in January 2016 to now on the way to producer in the Lithium hot space that has taken the globe by storm as companies and investors look to get set on a huge industry and squeeze with an under-supply of Lithium. AGY though keeps delivering to put it and shareholders in a position to take advantage by advancing Rincon to production beyond what holders had hoped for. Today's announcement see's stage 1 plant capacity increase from 150tpa to 500tpa while continuing to move at quick pace in constructing stage 2 ponds while also well drilling to commence. Initial stage 2 ponds excavation works will be completed soon which will be followed by pond lining and then well drilling to extract lithium brine for pumping into evaporation ponds for evaporation which will see this 1st set of stage 2 in full effect by end of this month.
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About time you showed your dreaded head in this part of town MG…
(20min delay)