General Discussion AGY, page-20699

First 20699 Last

Share
Profile

Follow
Poohbear

3,287 Posts.

994

04/02/24

10:22

Post #: 72225861
Share

Originally posted by Nuff 69: ↑

Whilst we are technically a producer Poohbear we certainly haven't proven scalability to date, which is likely why outside of lithium pricing effects we arn't receiving any love from the market.
It actually makes me wonder- worry about how we secure funding. When as yet we can't yet prove a production cost per ton that would be viable to consider funding an expansion.
The company notes pricing may currently affect their ability to secure funding- puts us in a real predicament if spot stays low for longer and doesn't bounce much.

I worry that even if we get approvals imminently we will take upto another 12 months to ramp production enough to prove viability or metrics that will support funding- in that time needing to CR just to keep lights on. Selling 12 months worth of stockpiled 60t BG isn't going to do the trick.
Given it's Feb, if that plant does take another 6+months to ramp enough to prove viable scale and we can manage to secure ot and funding and avoid a CR there won't be much expansion getting done this year...
In all the years I've been on Agy im the least optimistic & most concerned I have been with it being successful. Hopefully Pablo-Puna can get it together because that plant is were we make the big time or fail. Which in Jz's defense is out of his ability to control.
Anyway I've been on here to much of late, 3 weeks in a leg brace drive anyone crazy. Perspective is always key.
Tight lines.
Nuff

Expand

Mate, the plant should be well and truly getting close to nameplate by July, IMO. No need for the pessimism.

AGY Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,851 more messages in this thread...

First 20699 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change -0.005(3.85%)		Mkt cap ! $175.5M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$92.24K	715.8K

Buyers (Bids)

No.	Vol.	Price($)
19	1163460	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	538368	32

View Market Depth

No.	Vol.	Price($)
19	1163460	0.125
48	1621573	0.120
17	1207982	0.115
16	709528	0.110
10	754142	0.105

Price($)	Vol.	No.
0.130	537359	30
0.135	577131	19
0.140	490520	11
0.145	1368808	14
0.150	785952	20

Last trade - 13.37pm 16/05/2024 (20 minute delay)


Last 12.5¢		Change -0.005 ( 1.57 %)
Open	High	Low	Volume
12.8¢	12.8¢	12.5¢	498845
Last updated 14.12pm 16/05/2024 ?

AGY (ASX) Chart

General Discussion AGY, page-20699

Featured News

Miramar upgrades target within WA's Gidji, suggests extension to Northern Star's 8 Mile Dam

Greentech and Anax team up to put Whim Creek copper hub on steroids

Market Update: ASX accelerates ahead of future forecasts

Sampling in Argentina points the way to a base metals porphyry for Belararox

After long delays, Mantle Minerals kicks off drillrun for gold at Mt Berghaus

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussion AGY, page-20699

Featured News

Top Stories

Miramar upgrades target within WA's Gidji, suggests extension to Northern Star's 8 Mile Dam

Greentech and Anax team up to put Whim Creek copper hub on steroids

Market Update: ASX accelerates ahead of future forecasts

Sampling in Argentina points the way to a base metals porphyry for Belararox

After long delays, Mantle Minerals kicks off drillrun for gold at Mt Berghaus

Buyers (Bids)

Sellers (Offers)

Featured News