Formalise strategic investment documents for Li2CO3 product off-take and 10,000tpa expansion capex funding solution
Above is a key objective for the March quarter and tells you things are very advanced. It may well slip into the June quarter which is neither here nor there but the overall strategy is unlikely to change IMO however recent rocketing Lithium prices may sharpen a few pencils..
IMO AGY has been focussing on having a strong partner as opposed to considering self funding, they will be playing the long game and looking well beyond 12,000tpa , that will involve serious money . AGY has proven to be reasonably risk averse and that is unlikely to change just because Lithium prices are high at the moment.
Cheers Whisky
General Discussion AGY, page-5208
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