If some other entity could buy out AGY tomorrow, and then magically access the project and said IP, then what is stopping AGY from doing that right now and selling/licensing that to others?
Why would anyone want to buy/license a process that has so far proven unscalable? Puna Mining, despite years of trying, have yet to demonstrate that they can produce lithium carbonate at a commercially significant scale. That makes for a difficult sales pitch, which is probably why JZ still hasn't been able to lock in an offtake or funding deal. I don't think he's worried about a TO right now, because clearly no-one's interested.
If some other entity could buy out AGY tomorrow, and then...
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Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $142.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.6¢ | $558.3K | 5.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60096 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 500000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
9.8¢ |
Change
-0.002 ( 5.86 %) |
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| Open | High | Low | Volume | ||
| 9.9¢ | 10.2¢ | 9.6¢ | 780055 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| AGY (ASX) Chart |