General Discussion AGY, page-43

Thanks for sharing Jezzaaa.

As suspected, similar to other companies that have been seeking funding and partnerships, the potential suitors seem to have been too greedy in relation to equity and pricing, and in our case, access to intellectual property around process technology.
Trying to screw over producers at/near the bottom of the cycle, focussing on the “current” Li prices and market chaos no doubt, as they try to push an unreasonable deal.
Good on JZ for not accepting a sub-par deal for us.
Sure, he could wait another 6 months or more until prices are higher again but then we’d be another 6 months later to plant commissioning. It seems he’s drawn a line in the sand and said let’s just get the money from instos now and get on with the build. No more delays and extra costs associated with a retail offer... some will/have disagreed with this, but ultimately JZ made a call and people can vote with their wallets as they see fit.
The big picture remains intact.
Our IP is in high demand.
Perhaps this opens more opportunities for us at some stage in the form of some type of licensing arrangement? When the li supply shortfall really gets underway. Passive ongoing income stream via customised process design..? Interesting possibilities imo, once we are up and running ourselves of course!

Big few years ahead.

Cheers



Imo
DYOR