In all honesty I'm though, the lithium market was very different when PLS, ORE and GXY had their slumps.
We're currently dealing with a product that is definitely going to be in demand and deficits are predicted to hit within a few years.
The drop from 75c is much larger then a "tree shake," in reality this is likely caused by the missed milestones, over use of the word "imminent," and SH losing faith in the delivery date.
I see a lot of potential here and will continue to hold as I think the bottom is near if not already here, but who know what the market will do, we should hopefully be pretty close to the news that signals massive progress for AGY. This is currently a risk/reward moment where people can go elsewhere or wait for the news that we're finally on the go. As you mentioned this is where people can lose out on the LT.
AGY Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
