Li-related News/Articles/Reports, page-3653

And then if one looks to RIO's recent close to ONE BILLION commitment to Rincon, as well as Macquaries addition of AGY to their stable of lithium hopefuls then one has to ask the basic question, WHY this timing for these two ?

Im not saying that Rincon has been easy to develop but its a damned site easier than drilling out a hard rock resource, then running the ore thru multipile processes to even see if it produces an acceptable product.

Id say they have also seen the pace at which AGY will now progress Rincon, given the 2000K/tpa is so close to coming online.

RIO is obviously very keen to get on the carbonate train. Someone at RIO imho is keenly watching AGY as they progress Rincon.

Then there is Macquarie.

Why would they make an AGY recommendation in a falling Li market.

NO debt, with cashflow very close, and an excellent product that a major Japanese company in Mitsu is already wanting, bolsters the reasoning for such a recommendation.

Jerkos exact words,

"We look forward to achieving many more significant milestones in 2023 as we transform into a cashflow generator, capitalising on lucrative lithium carbonate prices via upcoming product sales revenues, leading to a significant near-term growth phase for the company."

Just a couple more reasons that I finally pulled the trigger and got back into AGY the other day after leaving at 20c a while ago.

GR.