Hi Guys,
I have been with AGY for a while now, I am really not interested in Today Share price moment because it doesn't bother me, but I will also mention for the record it hurts to see your holding going down. Today PEA has significantly enhanced my trust in the company, like in the past management has delivered again. They have always delivered and I am confident they will keep on delivering in the future. My question is for LT who are not bothered about price moment in short terms and believe in the company's future.
As I am no engineer or not really good with chemicals either so please correct me if I am wrong, my question is related to below screenshot:
what is reagent cost? what stage did we incur this cost? is it related to the chemical process (confidential) which give us the competitive advantage of producing 99.7/8% of BG? if it is what I think it is then allll goooooddd, because others miners prices are well below in this category, at current operating cost which includes reagent cost of $3,037 PT, our yearly operating cost would be (for 10000tpa) $46,450,000, which includes $30,370,000 for reagent, which is significant. by just reducing this cost let say $2,000 100% more than compet we can save around $10 Mil py, which is alot. Again I could be terribly wrong here with assumptions of reducing reagent costs please enlighten me with your thoughts,willing to learn.
