General Discussion AGY, page-16238

Very interesting discussion with two distinctly different views, one ‘DFS required’ the other ‘DFS not required’. Both views have compelling arguments, and I am with the ‘DFS required’ side, as I prefer a planned and costed strategy, which is a personal preference. AGY is different in that they have chosen the latter strategy, but as I have invested in AGY, will stick with the stock to see the developments, knowing that IMO:

a) AGY will make a profit in 2027, provided the Li carbonate price remains above
USD 20k/T.
b) profit @before taxes will be USD 16c per share in 2027 with Li Carbonate price @USD 45k/T, down to 7c per share for product price of USD 30k/T and down to 0.006c per share for product price of USD 20k/T
c) SP will fluctuate in the meantime depending on investor sentiment, with more Li carbonate producers by that time.
d) There is no point speculating on SP, this can go anyway, LKE has gone from 20c to $2.60 and back to 20c now with no Li Carbonate produced but plenty of hype over the past 30 months.
e) Most Li projects are prone to delays from 6 months to 2+ years due to supply issues, shortage of labour, Chinese economic slowdown and rising interest rates. This applies to AGY too and patience is required.