The market is irrational and a bloody joke on how it reacts to data/announcements/milestones.
For example:
AGY today announced that 2,000T plant is 45% complete with full completion by April 2022 and production starting by June/July on schedule and on budget. Additionally the 10,000T plant extension approval is very close and funding to build , in my estimation is also getting closer by the day. Also drilling to increase the Rincon resource threefold is to commence during Q4 and also to commence drilling at the Nevada project , and the share price goes up by 1.7% to close at 29.5c
GLN today announced that it has received approval to build a pilot plant & camp permits but they do not have the technology to produce small or scale battery grade Li2C03 99.8% and are years away from potential production, and yet their share price closed up 15% at $1.45 , with a bigger MC at $365ml.
It does not add up , however facts and the soon to be a producer will soon ensure that the true value of the company will be reflected in a much higher AGY Share Price, which also means that the current share price is way undervalued and in my opinion a bargain.
AIMHO --DYOR
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Last
4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $61.14M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $17.38K | 420.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 450601 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 146892 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 425501 | 0.041 |
14 | 1161855 | 0.040 |
11 | 3139102 | 0.039 |
13 | 681280 | 0.038 |
11 | 1066018 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 146892 | 2 |
0.043 | 120000 | 1 |
0.044 | 382711 | 3 |
0.045 | 123242 | 3 |
0.047 | 98988 | 2 |
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