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MarketingMan

5,875 Posts.

3509

09/10/18

10:37

Post #: 36047289
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Originally posted by EP247 ↑

Originally posted by MarketingMan
I think your observation is a tad pessimistic; but, you are right in saying developing any resource project is challenging. If it was easy, everybody would be doing it.

If I could be critical of AGY, I would say their publicity machine needs more polish.

But, I think AGY has conquered the biggest hurdle (and a hurdle other apparently more shiny brine stocks that promise bigger resources, haven't faced yet because they are still at the feasibility stage) - the chemical process.

From here, it's a simple growth plan - buy more land, build more ponds, build more processing capacity.

I could be wrong.

I focused on two aspects that being articulation and communication of what we're about and our future plan.

If I was being pessimistic I'd of pulled apart the project which I could easily do like the other detractors because the door is open.

I only post about 10% of what I really think as I don't want to drive my own investment down just enough to hopefully give some hints to management should they ever grace the forums. It may all be for nought who knows.

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Not wanting to sound like one of the blind faithful, but...

What you are asking for will be answered by the PEA + OT agreement.
Whatever forward direction AGY formulates is dependent on funding, land acquisition, and product sales. They're working on it; they haven't cracked it yet because they are still negotiating it and nutting out an agreement.

While they are doing so they need to remain mute; that shouldn't be interpreted as not having a clearly articulated forward plan.

Until we hear otherwise we have to assume they are on track.

IMO
DYOR

AGY Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

1 Great analysis

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