67t in 12 months could be at scale, as they haven't been running continuously have they? All they have to do is produce at the required rate continuously for a day, a week, a month, whatever, as long as it equates to the terms of the off take agreement when multiplied by 365 days. You'd have to be a pretty special kind of brain damaged simpleton to think they need to produce the entire amount of the off take agreement to prove they are capable of doing so before signing the agreement.
If you really believe option 2 is the most likely then why are you still here? All day, every day you whinge and whine like a sniveling pommy union rep. According to what you endlessly tell us all, you're obviously about to lose large amounts of money if you hang around and continue to hold shares in AGY with your strong conviction that it's all such a dismal failure, and you seem so convinced that option 2 is going to happen that you'd truly have to be a monumental brain damaged imbecile to not sell up and run.
So tell me 'mate', what is it? Are you so idiotically stupid and intent on losing all your money invested in the failure that you say AGY is, or are you a man of your convictions and word, and willing to act on what you say is happening and going to happen with AGY.
Personally I just think you're a serial whiner who can't help himself talking complete nonsense on a daily basis. If you don't like AGY go elsewhere, only a fool would continue to hold a stock that he considers a surefire, monumental failure. Actions speak louder than words - jump ship and bail pierre23 if you think the ship is going down, quick, before it's too late. If you don't then you're just a whinging whiner with no credibility who is full of it, all mouth no action.
