Thanks, I’m certainly concerned by the recent minor delay (as I...

First 9652 Last

Share
Profile

Follow
Mellhurst

621 Posts.

42

10/10/22

22:01

Post #: 64127253
Share

Originally posted by MtnMusic: ↑

Good points@MarkHGO.
I took a look on the weekend at stocks across the pond, tempted by the Dows recent drops, but was a little shocked at the exchange rate, kept reducing my number of units before I could fit into available funds, and decided no sir, not at this AUD:US.
So you'd think the US investor who can look beyond their own border (and sometimes getting past that I'm at the centre of the world mindset can be hard), they'd be seeing the inverse greater value their dollar is buying at present; quite a lot more Rincon salar bang for your buck sailor
Certainly looking like a buy low time based on the 1-year...

Volume is indeed drying up, an AGY LTH would be bonkers to let go of units at present IMO, which seems to be reflected in the volumes traded, as we're touching the lowest volume of the last month's trading; highest daily 36M, average 11.7M, last two days at mid 5's.

Have just -re-read last Monday's update, and have to say the market seems to have focused on the last paragraph below in a negative way, not fully comprehending what 77% of plant and equipment commissioning being performed means, nor that the plant will be PRODUCING BG Li2Co3 whilst conducting full systems commissioning works!

Although no longer a child, I'm a relatively young investor who feels we are in the right time of choosing to invest (very) profitably in good companies contributing to the planet's future prosperity. The below was chosen as gives each band member time to shine, much like with JZ & the Puna team.

Expand

Thanks, I’m certainly concerned by the recent minor delay (as I bought above it for my second wave (regardless of it having fallen by less than the ones I traded in) so it’s good to get the exact reasoning especially for a stock with almost no watchers and commentators.
Can’t say I’m happy with the minor delay, we need 100% commissioned to get a nice bump before production rolls in, But existing production is good news.

Last edited by Mellhurst: 10/10/22

AGY Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply