General Comments & Banter, page-12731

I'm going to make a guess on whats been happening.

Originally the plan was pretty simple. Build a test plant and get a 500T O/T then get a partner for 2k5T then go from there onto S3. At some point the O/T went off the radar and then so did the 2K5T S2 and talk was all about straight to S3. I'm suspecting a customer(s) started talks in that regards hence the change in strategy. It appears now that those talks have ended or are progressing slower than expected OR leverage was attempted. Either way the capital raise (as was stated) was to give AGY strength in any negotiations. I think its wise to have multiple pathways to success. Better than having to beg for a deal because you have no choice. I'm not even sure why a business would do this because I've seen many contracts where two businesses screw each other to the bone thinking they got something only to find its unworkable down the road. The best partnership is a fair one.

I also think if news of the O/T doesn't come soon it wont be thru lack of trying. JZ (and family) could of iceberged out a long time ago for a much larger profit than today. If they thought the limit of the SP was 48c or there was no future why would they of held? We've seen that by directors on some of the other plays. The pump and dump directors. A lot of people around here would of bailed if they had that much profit I guarantee that.

If JZ needs any feedback its stop trying to be all things to all people. He just should of said talks are progressing on several options and we'll update the market when appropriate.