Lol it has nothing to do with the future of EV’s etc.
There is simply no point when AGY cannot get the plant working to capitalise on any rebound in li prices.
Not only did the 2k plant fail, now moving onto 10k means AGY will definitely miss another peak. The 10k will likely take even longer to commission to nameplate thats if they don’t fark it up like they did with the 2k.
We don’t even have the funds to build the 10k and at current marketcap even at 100% dilution we won’t be able to fund this grand idea.
The most logical thing is to get the 2k fixed but I suspect Pablo has farked up the entire design to a point where you cannot fix it and have to rebuild from scratch. The company needs to disclose what really happened with the 2k. It doesnt make sense when you can fix it and use the income for the 10k build instead of killing holders with more dilution.
Lol it has nothing to do with the future of EV’s etc.There is...
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $58.23M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.2¢ | 3.9¢ | $251.1K | 6.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 666591 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| AGY (ASX) Chart |