Questionable yes, everything is, but who knows. But I also think your profit is on low side. My conversations with JZ has indicated a cost of production at around USD 8000 per tonne, but lets just say USD 10,000. So only question is what is future sell price outside of China.
Also with funding AGY go to 90%, not the 77.5% you quoted above. So profit , based on your numbers, goes to USD 27 milion not USD 23.25.
Anyway company looking for a partnership with battery manufacturer where plant is fully funded.
But just my thoughts, always open to alternative views.
Questionable yes, everything is, but who knows. But I also think...
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Last
13.5¢ |
Change
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Mkt cap ! $189.5M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.3¢ | $238.6K | 1.752M |
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| No. | Vol. | Price($) |
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Sellers (Offers)
| Price($) | Vol. | No. |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 26/04/2024 ? | |||||
| AGY (ASX) Chart |