It really baffles me why you even buy AGY shares?
Firstly, have a look at Pablo’s credentials. If he reckons it’ll take 18 months to build and commission the plant then I trust his judgment and I bet even he’s being conservative.
Secondly, 99.5% isn’t exactly plentiful atm and the price of contracts show this. Behind the scenes it would make sense given the amount of car manufacturers committing $ billions to buying batteries the lithium doesn’t just drop out of the sky. On the balance of probabilities companies who can produce 99.5% straight up will be of the highest priority when a procurement dept is looking for supply. As a former director of FMC lithium Pablo is a safe pair of hands and the reason me, like so many others have bought into AGY.
Its not up ramping its a many factored approach to investing in a stock.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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11 | 2852102 | 0.039 |
12 | 669280 | 0.038 |
11 | 1122221 | 0.037 |
6 | 755115 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 152675 | 4 |
0.042 | 154846 | 3 |
0.043 | 300000 | 2 |
0.044 | 382711 | 3 |
0.045 | 123242 | 3 |
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