The market doesn’t “get it” because that’s absolutely not how salar geology works. Ask yourself, if it was, why would RIO spend $825m acquiring almost all of the Rincon Salar if it was as simple as having a tiny tenement and drawing from the same resource with one production well? And why did AGY say they could expand the resource through additional tenement acquisitions, when according to you they can just use “RIO’s brine”, and it will never run out?
I think you need to do some research about geological structure of salars mate. The fact that six people gave this a like is a bit of a worry IMO.
The market doesn’t “get it” because that’s absolutely not how...
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Last
3.4¢ |
Change
-0.015(30.6%) |
Mkt cap ! $49.50M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 3.3¢ | $1.657M | 43.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2057504 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1387809 | 4 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| AGY (ASX) Chart |