General Comments & Banter, page-5867

This dovetails with the observed mid-stream processing bottleneck story.

Reminder: Spodumene output from hard rock Lithium mining requires further processing to get it to battery grade, these processing plants are mostly located in Asia and are at capacity.

AGY is targeting battery grade delivered straight to battery maker (no mid-stream processing). It's one of the advantages that Lithium Brine can have over hard rock, provided you have the process.

Getting the process right is acknowledged as being a challenge; hence the reason why we are still waiting for an announcement.

We are still waiting also because (I suspect) Pablo is working on driving down the processing cost. Going to be worth the wait, as this is a key factor for delivering a killer PEA announcement.

The PEA is probably all but complete waiting for the final OPEX number.

Today's share price drop (whatever the reason - and I blame Frank since he has confessed) is a temporary glitch.

However, we don't know what we don't know - but until AGY announce, we will never know.

No news isn't necessarily bad news, when you consider the process requires work.

IMO