Happy to snare another small AGY parcel at 50c this morning in the low volume selling. There can be many reasons for selling down, but for me AGY is a well-managed Li producer scaling up at the right time with low fixed costs & debt, so 2023 is looking vary cash positive and derisked compared to several others in the vicinity. I have been a AGY SH since 2017, buying and selling a few times with excellent return, but now see AGY as a more MT-LT play as it transitions to a producer with strong positive cash flow and minimal need for CR. Certainly can't hurt the SP. Certainly a rollercoaster year 2022 - all the best for 2024.
GLTAHs
Happy to snare another small AGY parcel at 50c this morning in...
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