I am banking on 10K tonne plant by end 2021 or start of 2022 considering 2000k tonne plant groundworks seem to be underway and with a bit of foresight I feel AGY will have all of the 10k plant permits well and truly through the system and approved way before it will be needed.
Then the existing 2000T plant will just extend.
The 2000T plant permit is the groundbreaking start so permits will take longer.
Considering the gargantuan swell of Ev's hitting the market in 2020 this could happen before and I feel not later. Jerko and Pablo could be scrambling soon to get it up and running and Mitsubishi will demand more and more from us as the ev market explodes.
With all of the news coming out from carmakers recently I think we will see a ground swell of electric vehicles hitting the market all at once next year and where is the lithium for batteries coming from? China will be holding onto their spod for their massive population requirements and they will be pumping out batteries like crazy.
Travel to China and all their billboards are about going green.
Buyers will take to electric cars like we all did with mobile phones. No more going to the fuel stations for our weekly fill. How great will it be just to come home and plug in. So much cleaner and easier and no more sucking in fuel fumes at the pump and standing in line to pay for fuel.
We will all look back on that with astonishment on how we did it for soooo long.
I am taking a punt and holding long term because whilst we have some ups and downs in the SP there is no denying that there is a massive change coming next year and I don't want to be out of AGY when it does.
Anything could happen especially with the curveball of Tonopah...….
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