Presuming AGY could make $30 million USD profit by 30 June 2023, they could plow this and subsequent profits into adding additional modules each year. By mid 2024 they could have 4000 TPA, 2025 8000 TPA and 2026 12,000 TPA. All totally self funded (no debt, no dilution). Is it a bit much to expect this scenario, especially ‘nameplate capacity’ of 2000 tonnes in AGY’s first year?
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