Li-related News/Articles/Reports, page-8146

@Rotane

Pablo/Francisco Alluralde recently dropped a figure of US$250m CAPEX to local reporters (and during a podcast).

US$250m = AUD$376m

AGY's current market cap is A$182m, which is less than half of the CAPEX requirement. So like I said, AGY need to find double their current market cap (at a minimum) to fund the expansion.

P.S. - I'm not confident that US$250m is the whole CAPEX figure, as it seems to be on the low end to me. With contingency and inflation I believe the expansion will ultimately cost closer to US$300m, in line with CG's estimate, and peer CAPEX budget comparisons.