It's funny how little hyenas come out of hiding when the overall sector is being manipulated by the big boys. Whether we get approval for 10ktpa now or later is none of your concern if you don't hold this stock. We long term investors have faith in this company and management and will continue to support and believe in what they have promised to deliver. We are educated enough to make the decision to invest in this company and are aware of all risk that comes with investing in anything. Please kindly stay away from these threads if you don't have anything positive to contribute apart from constant down ramping.
We had a great year in 2022 and I am sure 2023 will be even more exciting for AGY given it has set out to deliver the most anticipated company making news that will very likely take our market over a billion dollar next year.
As a reminder to all AGY believers, below is the list of news flow that is set out to be delivered starting from early next year in no particular order:
- Completion of commissioning of 2ktpa plant producing battery grade lithium that is currently selling at around $100k per ton in spot market.
- Offtake agreement of 2ktpa BG quality Lithium.
- EIA approval for 10ktpa operation.
- Offtake agreement of 10ktpa tied with some sort of funding deal to contribute towards the construction of 10ktpa plant.
- Completion of further drilling to 300m for resource upgrade.
- Resource upgrade announcement to at least double or triple current resource size
- Ramp up of explorations works in our USA based lithium project.
- Start construction of 10ktpa plant.
- Other left field annotations
...........and much more
Market will go up and down, but what I believe is that our share price will be at least 80 Cents with close to 1 billion market cap when all or some of above milestones are met. That is a minimum of 50% growth from current share price in a years time from now.
We have other companies sitting at well over double our current market cap with no real production timeline. We are producing tons of Lithium during commissioning of a real plant that will start producing 2ktpa of BG quality Lithium from early next year, which should bring in at least $40k USD per ton in revenue. This alone should lift our share price to about 80 cents even if none of the above milestones are met........just imagine the potential if some or all of the above milestones are finalised as announced by the management.
Happy new year to all AGY believers and long term holders. 2023 will be the year when AGY becomes the second ASX listed Lithium brine producer. Bring it on !!!
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.95M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.5¢ | $21.90K | 625.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 827060 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 914756 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 827060 | 0.035 |
20 | 2362844 | 0.034 |
12 | 1365636 | 0.033 |
3 | 695000 | 0.032 |
6 | 1022657 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 914756 | 8 |
0.037 | 1392804 | 7 |
0.038 | 1243900 | 6 |
0.039 | 1369010 | 8 |
0.040 | 720375 | 3 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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