And for all those doing DCF valuations, ATL's price point provides a really good data point to re-calibrate the model.
I would assume the basis for ATL valuation was AGY's on a standalone basis (selling to spot market, no offtake, current spot prices), cost structure and productivity as evidenced by their DD. Production volumes and ramp up as they expect.
With that, I see $1 sp, with carbonate price (offtake) at $28k/t.
AGY Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
