Those who have done their research, would know that Posco bought tenements from GXY about 5 years ago, and prior to that had pilot processing facilities elsewhere to develop Li brine tech.
They are targeting initial production for around mid 2024 afaik.
Those impatient traders and FUD-commentators complaining how “long” it is taking AGY to develop their project should put their 2 hands out in front of them and count the number of years it will take Posco all up, even with their billions on tap and cracking resource.
imo, if AGY had a similar funding “parent”, then we’d be commissioning a 12ktpa plant right now, or possibly even 25ktpa, as we’d have done expansion drilling earlier too.
Perspective.
Lacking.
DYOR!
AGY Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
