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.
It really baffles me why you even buy AGY shares?Firstly, have a...
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Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $59.69M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.1¢ | $15.59K | 380.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 429666 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 154846 | 3 |
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| Last trade - 11.48am 09/09/2024 (20 minute delay) ? |
| AGY (ASX) Chart |