General Discussion AGY, page-2120

this has been way undervalued for some time now and still is. BOTs have been in control for a while now. It's been a great time to buy.
So company has hinted in last few announcements that funding for 10,000TPa expansion was being negotiated and as the BG Lithium Carbonate price continues to rise AND more importantly , as Chinese converters continue to buy everything, there is need for end users to start to look at supply alternatives. AGY have suggested all along they want funding without further dilution of company and linked to some sort of OT deal..... suggest this deal is now getting closer to getting done.

Once they get funding and OT for 12,000 TPA .. this is going to over a $1 ... at current lithium prices. I think Lithium prices may go a little higher and the AUD /USD exchange also going in our favour as Aust get hit by lower iron prices, which is a big factor keeping this country going at present ! We could get a further 5-10% hike here ( in exchange rate alone ) in 12-18 months .
For those that are concerned about resource size, email Jerko. Non issue ... deeper drilling will confirm larger resource.

For those that dare to dream... I remember looking at FMG when it was under 20 cents and thinking of buying a million shares. Failed to act and regret to this day ! Not making that mistake again.