Sentiment will change when off-takes come in.
AGY sitting on $170M MC, In my opinion only thing holding it back for weak handed retail investors is funding,
Funding in a sector where Supply hasn't increased substantially and certainly not close to the level in which the Demand has climbed.
A quick look into how much adoption is going into anything Sustainable (EV's/Battery Powered Tech) will show you numbers have been increasing massively.
Source: https://cleantechnica.com/2018/08/06/7-charts-tesla-model-3-vs-the-competition-us-sales/
Source: https://www.statista.com/statistics/502208/tesla-quarterly-vehicle-deliveries/
Latest Headline: Worldwide, three-month sales crack through 400,000 for the first time
Source: https://www.bloomberg.com/news/articles/2018-08-21/surging-demand-for-electric-vehicles
Livent Market Cap: ~$2.6Billion USD???
AGY Market Cap: ~$170M AUD???
Once funding start's coming in after the PEA already confirming it's proven Economically/Profitable you will see movement... How much? Who knows.... That's just my opinion only.
Interview:
Argosy Minerals' Rincon PEA shows low production costs for battery quality product
Not financial advice by any means, Some figures could be incorrect its entirely speculation and based off information ive spotted online. Please DYOR. My opinion is my own only and shouldn't be used as financial advice as i believe in the Lithium Future.
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