It's categorically untrue that funding/investment into current & new projects won't happen until there is significant change in sentiment/prices. I'm not sure if you're ignoring it or just missed it, but Kuvimba Mining House, a Zimbabwean state-owned miner, recently secured a US$310m investment from a consortium of British and Chinese investors to build a lithium concentrator at the Sandawana mine in Zimbabwe. Note that this happened less than two weeks ago, while prices are at record lows.
AGY has been courting a similar investment amount for a long time, but they just haven't been able to get a deal done, while others have. It's not affecting all companies, just the one's that aren't attractive to prospective investors.
https://www.mining.com/web/zimbabwes-kuvimba-signs-310-million-lithium-mine-deal/
It's categorically untrue that funding/investment into current &...
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4.5¢ |
Change
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Mkt cap ! $64.06M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.1¢ | 4.3¢ | $365.2K | 7.688M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 539722 | 4.4¢ |
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| Price($) | Vol. | No. |
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| AGY (ASX) Chart |