Brother, it is good to see you here!
The FA is very strong here with recent developments, management have layed some serious foundations fro growth. All the boxes ticked from my angle of the FA analysis. 3 exceptional projects.
There is lithium in the ground (as compared to hard rock hit and miss that we both have experienced).
All vendors are aligned with the company strategy to develop and produce. Management have substantial holdings so are aligned to investors.
The recent pull back was due to the market losing interest due to the long lead times creating a "resetting" moment as short termers exit for the long termers to pick up. Great entry point at these levels as we both know that Rome was not built in a day. Basement prices and ground entry position into AGY. This quarter will be massive.
TA wise I can see certain milestone figures to be reached. On a single project, $50M-$80M on indicative JORC. $100M on a strategic equity/projetc partner. $100M to $150 on expansion of JORC and laboratory scale lithium carbonate production. $150M to $250M on pilot plant scale production of Lithium Carbonate. Then add in offtakes, etc.. etc. and so much more details to evolve. (Note that this analysis is for 1 (one) project evolving. All three could be company making so I would multiply the above valuation by maybe 2.5 times if all three project come online. )
On the condition that the FA stays on track and that AGY makes incremental progress to commercialisation.
Exploration will commence shortly and at high speed across all three projects with each vendor driving their projects and for AGY management to be key decision makers.
Exploration to commence, so should get on the train now.
Join me
