General Discussion AGY, page-4181

Hi GCar,

I always admire your realism and keeping it real posts However in this instance I think you are way to conservative.

As you know the Market is forward looking and By my Calculations of a conservative price around $15-20k per tonne for the 12,000tpa with a PEx10 gives us around $2B. This would include operating and puna’s cut.

Soo obviously we are waiting for the permits, the details of the funding arrangements and IMO the market will want to see consistent product heading out the Door.

I think you can lift your conservative view to 80c - $1 by years end...

AIMO and Good Luck!!