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clock Created with Sketch. 08/09/23
17:31
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Originally posted by investmentreturnsprofit:
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Hello regular posters and fellow investors, I do read each and every post daily, and thank you for your regular contribution in these threads. As a long term investor it is reasonable to have negative emotion when the share price plummets this low without any valid reasons apart from the overall Lithium sentiment and BEOT manipulation. If the heavily manipulated and untrustworthy Chinese spot price was still higher and all other Lithium company's valuation was at their peak level, then I will be worried to find us where we are now. If we look around, almost ~ 80-90% of the Lithium company's share price has been in decline. Yes there are those ~ 10-20% of the companies that have done better. We could have invested in them to be immune from the current situation or can even invest now and move on from AGY. It is a simple choice. I don't understand why we point fingers at each other and try to be better than the other. If we decide to hang on and ride out this tide, it will be good for all of us to stick together and support each other. Some of the criticism by our recent regular posters are valid. Such concerns will be valuable if shared with Jerko by email/phone than repeatedly posting here to ensure they get addressed or responded to by the man in charge.
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I appreciate your balanced thoughts. I guess for some lithium companies the drop in share price is related to the drop in spot price. For AGY however, such a major drop is more likely related to the fact it hasn't shown its ability to truly upscale it's production. PLS is in full production. CXO has troubles in reaching their target output too. Prices reflect this. I guess timelines are just too optimistic. If we would assume the technology works, we just need to stick around longer. It is up to the investor whether they think 'longer' is acceptable or whether there are opportunities elsewhere. To me, the current trends in stock price suggests that most think it's elsewhere...
