Hey Rob, I see you did the ol' 'scope creep' trick we tell all...

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MtnMusic

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1489

22/02/24

14:59

Post #: 72538977
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Originally posted by Rob826: ↑

I totally agree with you mate. There is a dark cloud hanging over a number of projects due to all the maybe's and assumptions. However, exactly the same logic applies to AGY's ability to execute the 10 ktpa expansion. Maybe they'll get approval. Maybe they'll get a customer. Maybe they'll find CAPEX funding. Maybe they'll be eventually able to scale production.

If we set aside our biases and strictly look at who's more likely to deliver on their 2028 plans, would you say the multi-billion MC, cashed-up, diversified, profitable miner is more likely to deliver? Or do you think a non-profitable, single project, non-diversified junior operator with no customers and about $11m left in the bank will deliver? Honestly now....

That's a genuine question by the way, because I really can't wrap my head around why so many here expect that others will fail due to market forces, but AGY will be unaffected and deliver on their plans, despite repeated failures to do so in the past.

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Hey Rob, I see you did the ol' 'scope creep' trick we tell all our staff to be on the lookout for.
'Oh so you'd also like X, Y, Z; that'll be $$ extra thanks'!

My question was simply who do we trust for forecasts on an industry level to get a non-biased accurate surplus/deficit number?

Next you're:
- Talking dark clouds,
- Comparing AGY to multinationals/billion-cap companies
- Building a paper mâché AGY processing plant, and
- Asking who do you trust?

As we all know, even the big players miss with guidance and costs (Wesfarmers-Kwinana for one delay example, Liontown for an off the cuff capex special blowout). Maybe many here are invested with them also. It is however beside our current line of questioning.

Again, just asking which blokes can you trust? Maybe these ones?

AGY Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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