Actually, they clearly and most definitely do not fully understand the 'timing' for the approval process.
December 2020 the EIA report was 'nearing completion'. Q1 2021 was expected to formally submit the completed EIA report along with the other requirements. July 2021, update to say they finally submitted the report - approvals expected late 2021. 16 months later - approvals still not granted.
They may fool a few others here to say that they 'fully understand' the timing, clearly they do not.
I personally think the other big boys in the area have jumped the queue. Makes sense as AGY pale in comparison to some other companies jumping in on the lithium action in the Country.
Approvals will come eventually, just not as fast as some may think it will.
IMO.
AGY Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
