My assumption is that the 'site visits' mentioned at the AGM have resulted in some significant interest and now potentially an offer. The rhetoric on twitter etc suggests the players are high tier, and if Mgmt are actually hosting multiple parties of similar sized entities then we may well be in for some significant news re funding S3/ off take etc.
my personal conservative pre production price target is ~70c, after production >$1.
If/when AGY successfully produce a product the unlocked industry leverage will be incredible, I expect further acquisitions to mop up failing small caps projects and a huge potential for scalability both in Rincon and other salars not to mention the Qinghai lakes etc. during late 2018/2019.
The upside potential for AGY is huge.
IMO only and DYOR etc.
China Talks, page-355
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Last
4.3¢ |
Change
0.001(2.38%) |
Mkt cap ! $62.60M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.2¢ | $57.87K | 1.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1457270 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 1101688 | 4 |
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| AGY (ASX) Chart |