Good work from HOOPZ for gathering all that information and sharing with the wider audience in HotCopper. Based on your previous posts in AGY forums, I am sure you are sharing this here to tell us that AGY's current resource size is not that impressive and we will be only producing 2000 TONS per annum very soon.
We are currently drilling deeper to 300m to at least double or triple our resource estimate in Rincon, Argentina without having to buy up more land. This alone will give us the capacity to increase our production or mine life by 2-3 times. We also have another project in exploration stage in Tonopah, USA that has some potential to contribute to resource expansion.
IMO increasing resource size will not be as difficult as producing BG quality Lithium at commercial scale. And AGY is just about to do that.
Both resource size and ability to produce commercially are equally important if one is to become a large scale producer. However, ability to produce commercially first will always win since this is the end game of every explorer.
Good luck to you and to all our fellow AGY shareholders. Wish you all the best for your investment. Time will tell if the hare or the tortoise wins this Lithium production race. FYI, we are very close to the finish line.
Cheers.
AGY Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
