Good post. And I agree that AGY won’t have a problem selling product (eventually). But the premise of my post was that most businesses would prefer to have customers lined up before they start production, and this is no different for AGY. If we had a solid offtake with a Tier 1 customer a couple of years ago, people would be ecstatic.
Our product has value and will sell. But an offtake signed with a Tier 1 party 6-9 months ago would have probably propelled AGY into the $1 range, at which point a well-timed cap raise could have funded the 10ktpa with minimal dilution.
For that reason, I’ll take a quality offtake over 30 tonnes in the shed with a current value of about $800 grand.
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Good post. And I agree that AGY won’t have a problem selling...
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $31.67K | 833.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1225723 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 350921 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1144642 | 0.037 |
8 | 1278546 | 0.036 |
28 | 4132797 | 0.035 |
11 | 1596154 | 0.034 |
13 | 2513451 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 350921 | 3 |
0.040 | 1030203 | 10 |
0.041 | 473155 | 4 |
0.042 | 522580 | 7 |
0.043 | 46146 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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