I was with you most of the way but have to broadly disagree with...

First 12740 Last

Share
Profile

Follow
DadInvestor

302 Posts.

20

26/03/19

20:27

Post #: 37892433
Share

Originally posted by Dand16: ↑

From what I gather(not an expert on these matters and saying these in layman's understanding), EV is now here. Big battery makers will have supply needs that will not be served if not enough lithium is produced. To be able to produce, lithium juniors need funding. Current needs for fund are being done by producers themselves at the moment. Car manufacturers still do not know much of the lithium operational process to actually plunge headlong into financing lithium junior operations and/or undertake OT arrangements. Hence negotiations take time. But once a customer is secured through an OT and/or funding arrangements, it will be a lifelong relationship.
in my view, AGY management is moving forward, albeit slowly, in negotiations with potential car manufacturing partners. Along the way, there are problems. Whoever said life is easy.
Personally, I have lost big with my average at 24c. But as Shania Twain says, It don't bother me much. Volume currently is not really that huge. Why? My guess is a lot are just not worried, just sitting tight. When one invests looking at sp thinking, oh it is time to buy, it is worth more than that and then finds the sp goes down, it will hurt. Then, tells everyone his sentiments, ummm fodder for the day trader.
AGY is not a fictional company. It is real. When we get bad or no news, we start to think oh has management made up their stories in announcements? again, IMHO I trust management every step of the way. It was not that long when the President of the country gave its support to the company. Now, why would he do that if AGY is just a pigment of one's imagination.
It does hurt when sp is down after all the good things done. But, if it is any consolation, I have seen this happen many times before. And in all those times, it came back up and more. Never mind forecasting how much it is gonna go to or even speculating how much it is worth, it is going to go up. And it is not going to go up because of higher lithium prices, it is because AGY will be a producer with a car manufacturer as a partner, all IMHO.

Expand

I was with you most of the way but have to broadly disagree with your phrase near the end "it is not going to go up because of higher lithium prices". This is surely the main reason the sp will go up! We already know AGY is the real deal. Barring invasions of aliens it is only logical that an off-take and Stages 3-4 will happen in due course.

We're just waiting for the demand curve to do its magic. Once the lithium price lifts buyers will be falling over themselves to get hold of our great product.

IMHO too.
DYOR GLTA

AGY Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
22 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

There are more pages in this discussion • 44 more messages in this thread...

First 12740 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $62.60M

Open	High	Low	Value	Volume
3.5¢	3.6¢	3.5¢	$21.90K	625.2K

Buyers (Bids)

No.	Vol.	Price($)
8	827060	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	914756	8

View Market Depth

No.	Vol.	Price($)
3	260000	0.155
3	61000	0.150
4	120313	0.145
11	406548	0.140
7	441138	0.135

Price($)	Vol.	No.
0.165	460315	8
0.170	295000	6
0.175	264333	3
0.180	515548	2
0.185	43900	3

Last trade - 16.10pm 15/11/2024 (20 minute delay)

AGY (ASX) Chart

I was with you most of the way but have to broadly disagree with...

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Banshee's historic trenches prove rich in antimony and gold for GDM

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Cyclone signs MOU with Vale for development of Iron Bear play

Buyers (Bids)

Sellers (Offers)