“AGY halted pilot plant operations because it wasn't economically viable given the prevailing prices, which were only half of the current rates, even during our current lows. This decision was made to conserve capital, a reasonable move at the time. Regardless of the reasons (COVID, macro conditions) they never reached their final Stage 1 objective of achieving consistent BG carbonate production. I have no real issue with that either, as shutting down a plant that is running at a loss makes sense.”
well said Rob. Now you’re getting it. That’s all you had to say. Glad you’re keeping up.
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