Stage 2/3 simultaneous funding has been discussed and I believe this is highly probable now in view of the recent developments where
- forecasts show supply would struggle to meet demand at least until 2020
- producers such as GFL and others made strategic decisions to secure their sources for the next 10-20 years
- big instos have started pouring money into lithium and funding from China would have to execute fast to win
There's probably no reason for a company like CKK or SGP to be spending so much time in due diligence if they're not considering a significant stake in AGY's future. Would you really spend 60 days with Agy if all you'd discuss is how to produce 1,500 tons? I am inclined to believe the funding agreement when announced will deliver a re-rate that matches or exceeds anticipation and Twitter posts. Thoughts?
Stage 2/3 simultaneous funding has been discussed and I believe...
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