Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Up 36% today…so far.
Nice what a little communication will do.
Nice announcement, good deal, keep it up and you’ll save this little company.
I think they did. I am glad that a change of course made sense to them too.
At my day-job i kinda get paid to tell high-powered folks the reality of situations (things they sometimes don’t want to hear) . I find that telling them what to do (and presenting options and guidance) rather than just describing the water they are drowning in, gets you much further…
That guy flip flops more than a fish on a dock.
They seem like they have finally taken what we have been saying for month/years to heart….engaging on Twitter, issuing PRs, maybe the old management was abducted by aliens - LoL - good to see. It might take a bit, but it is all good stuff to see…
AMNL - replying to Musk on Twitter about latest PR - swelling and silicon - I think management is finally really understanding that the battery tech is the real future of this company.
Also starting to understand the usefulness of Twitter too…
Hey - welcome!
Good to see - and a legit, well written, appropriate PR. Hey, if this is what they have right now, this is what they have.
Management just needs to know that their PR work for the year is not done…keep working hard and sharing what is going on and when you get new customers, make deals, advance projects, you’ve got to let the public know - every PR, every company achievement, is a stepping stone.
They need to remember, right now they are a $1.5M company - so every deal, every new customer, every project advancement that can be tied to future revenue is important and probably worthy of PR’ing….all of this is a process not a one PR a year and you are done type thing.
I look forward to seeing more, much more, out of these guys moving forward. It is clear this company is worth a whole lot more than the m/c indicates to anyone paying attention, but they aren’t going to overcome the dearth of public relations for years in one PR. But keep it up, this is a good step in the right direction.
I am not interested in reaching out to the CEO and speaking to him privately. He can't (and shouldn't) tell me anything more than what is publicly available. What I am interested in is the company making information publicly available, not advertising side-ways, CEO fire-side chats each individual can go to for info.
For example: What I am interested in is an answer to something simple. I am sure you are in a position to answer it:
The company's market cap (M/C) is less than $2M - During the Summer 2021 (June) it was awarded a $200,000 grant from the DOE, but it took until the end of December (6 months later) for them to release this information in an 8-K. Do you think when a company receives a grant for greater than 15% of the M/C of the entire company it is a material event worthy of a PR, filing, and/or statement? Why was one not issued? Why the 6 month lag? And why only a filing, never a PR?
Also, why has it been about a year since the last PR? Either you guys aren't doing anything at the company (clearly you are or you would not have received the DOE award) or management is purposely withholding material events that occur within the company secret and only releasing the occurrence months later...
This is a public company and management has a fiduciary duty to all shareholders, not just the large firms that hold a lot of shares.
Listen, you have two choices over there at AMNL:
1) You can read my last post, closely, and start to educate the public on what you are doing, hope to do, and make some forward-looking statements to get some interest so that the company can be properly valuated. I am not talking pumping the stock - just informing people what is going on and being up-front, honest, and forward thinking: Give some numbers, projections, how you are going to turn this ship around....That can do wonders for the share price down here. The natural rise in the share price will help the company finance your way to getting some of the projects to market, or:
2) You can stay silent, fall deeper and deeper into the black hole where the stock will become so utterly worthless that, before long, you won't be able to sell any to even maintain operations.
It really is that simple. The company needs to educate the public on what is going on and why the public should be interested in the company and why it is undervalued, or the company simply won't survive long enough to show them. Full stop.
I like the more active Twitter account, but they aren’t Musk - they have 100 followers - they need actual PRs…
Sometimes I am stunned by this company’s incompetence- like children venturing out into the world for the first time, with no guidance or understanding of how to run a public company.
They should be issuing PRs and use Twitter as a secondary source to further disseminate those PRs about the company to avenues that aren’t following the news wire per se. But you need that PR as a base.
They are operating, so they have to be doing “something” - they should issue PRs about developments as they happen and comment on what they “anticipate” “expect” - ya know, typical “forward looking statements”…..so the public knows: a) what they are doing, b) why they are doing it, and c) what they hope to accomplish with said thing (how this translates to money for the company and potential increased shareholder value).
Need ideas? What are you doing? Folks have to be working on projects within the company. Why? Have them write a summary of what they are doing and why and if you land a deal (oh I don’t know, get some new or returning customers etc.) issues a PR - explain what you are doing and why and how the new deal and/or what your folks are working on will make money for the company; how much you hope to make, how you hope that will impact the future; what you expect, anticipate, project that work/deal to do for the company and shareholder value…
This shouldn’t be so hard…this is actually the easy part.
good call...picked up some yesterday and today, as well. GL2U.
With the debt they have ain’t nobody else buying them and taking that on.
We just have to hope these guys make some adjustments and carry forward on the battery tech.
Wow - you have that many shares? Nice! Thanks for letting us know you are dumping too…what a swell guy, everyone!
I am glad management seems to finally be getting the picture - only took them a few years .
I am interested to see what that really means…encouraging sentiment, however.
Hope so - I have some orders in below this level and some further down from that.
Your analytical approach and perception is intellectually fascinating.
From “timber” to “dumpy dump” - that is some next level WSJ kinda analysis.
Tell me: where do you see this going in the next 12 months? Did the chart “reset” yet? Is the “timber” phase ending? What kind of “dumpy dump” algorithm are you using?
Forgive me, learning here, wise sage.
Good question. I like how they post that on twitter then respond to inquiries on there with a canned: “Please refer all investor and media inquiries to info@appliedminerals.com”
They really have to get their act together and get a legal counsel up on press releases and interactions on social media.
Bottom line is that they can, and should, be engaging with the public far more than they are and it appears they do not because they are fearful of their left and right limits there…kinda sad.
Management really needs some legal guidance here and they should realize what they don’t know and get that help.
New lows and a tweet - interesting day here.
In any event, I can’t believe I am able to re-load at these prices - keep selling to me as low as they want to take it, no problem .
...stuff happening here behind the scenes I think - JMHO. GL to everyone.
Anybody else notice the 5M share bid at .008 that appeared later in the day?
That's about a 500k share increase in not too long (if my math is correct)...
Very interesting that they are adding and not subtracting here...
Lol - when you post to a public board you have to know that more than just the back-and-forth authors will be reading…So I anticipate a lot of that would be news to some…but…I apologize for telling you what you already knew even though I was just sharing some thoughts…
In any event, I am not sure I follow much of your last post, but yes, back in the day this stock was much,much higher and yes, Mr. Z did the “Proactive Investors” IR thing - clearly, current management has chosen a different COA…
GL2Y
Well, what actions are you speaking of? It is clear by the filings that they are making small deals, increasing customers, and getting grants from the government - work is still progressing on several fronts - including the battery anode tech….
so, the company is operating and there really isn’t an exact “lack of” action by the company other than a “lack of”communication….
The question is “why” - Why does the company not communicate its progress with investors? Is it because the company used to have a much higher M/C so they don’t deem deals worth less than $1M “material”? Is it because, as Mr. Z famously said, “we are not stock promoters” and they misunderstand their duty to investors to disclose material events?
Or is it truly more purposeful?…
I think the grant from DOE last year is telling - $200,000 grant (free money) and what about the CARES Act “loan” (more free money) they received in 2020? These add up to a considerable amount if you look at it under then lens of the M/C of the company at the time…but never any PR announcements…
All in the filings….eventually…but not announced at the time…but after 6 months after the stock had fallen back to .01, they tout the DOE deal at the annual meeting…
Strange behavior…
there has to be a rhyme and reason to it…
I find the institutional ownership in this company very interesting- for a company with massive debt and no news - like ever - it is really interesting how much ownership institutions have here - IBS (like the “The IBS Turnaround Fund”) and Kingdon holding 40M shares combined - much of these shares purchased when the stock languishes under .01 from time to time…
I believe management is well aware of this and cares more about what is in their best interests than putting out small-fry PRs to prop up the stock a couple of cents if they don’t have to…they want the stock to be cheap until they have something truly major…that is the only thing that makes sense.
I do not know anything more than what is publicly available - either from the filings and/or the conference (annual) calls.
However, I do actually read all the filings, which most folks do not.
This financing (yesterday) is concerning because if they default they get to convert into shares to cover the default - which at these prices would be like 10-20M shares thrown on the market, most likely, to just settle the debt...that would absolutely crush the share price - even from here...
Also, I could personally get an unsecured loan for that amount at less than 10% interest...it makes you wonder why the company could not do better....
However, maybe they just need a small amount of cash to close something out in anticipation or something bigger, and do not have to worry about defaulting if that pans out...payments do not begin until Summer - so perhaps they are anticipating an "announcement-worthy" additional revenue source in the next three months?
In any event, I have made a ton on this stock buying in the sub-pennies in the past and selling multiples higher...and while the SS was better then, it still isn't half bad...and, theoretically, they should be further along then they were years ago on the battery tech etc....
So, I am hopeful for an announcement this year that takes us back over .10 - and, depending, maybe they can finally sustain gains...if not, then that will be the final run for me with this one...but I believe they have at least one "surprise" left here...
GLTA
Every board has at least one guy who lost money on the stock and has an axe to grind. They conveniently disappear when the stock starts to go in the other direction…
Nothing like a little toxic financing to get some capitulation- folks just giving them away down here - I’ll start accumulating heavy here - this one has one big run left in it before they ruin the share structure forever…I’ll hold for that run…JMHO - GL2A
Lithium Potential to be Explored at Tyr Property in Australia
https://www.nasdaq.com/press-release/lithium-potential-to-be-explored-at-tyr-property-in-australia-2022-01-12
I agree 100%, it isn't like the company has so much going on that a $200,000 award is small-fry compared to something else...it was the biggest thing this year for them on the battery technology front by far...and the CEO knows it.
I firmly believe they, the directors, (to help themselves and their large investment pals) are purposely not PR'ing events so they can accumulate cheap shares. There really is no other reasonable explanation for not PR'ing a grant award that is worth more than 10% of your entire business' M/C, by itself.
They need to end that practice and start disclosing information more than once or twice a year, that much is for certain. Go ahead directors, get your shares cheap now, then start disclosing information going forward in 2022.
At the last Annual Meeting (2020), I asked the CEO why the company did not issue a PR in the last 10 months. The CEO responded that when a material event occurs the company will PR it; indicating that nothing material had happened for the past 10 months. This was surprising, but with the COVID-19 lockdown, I gave the CEO the benefit of the doubt. However, this year, there has not been a PR for 11 months. However, in June of this year, the company was awarded a $200,000 grant from the Department of Energy for: Project: “Domestic Halloysite-Derived Silicon as a Low-Cost High-Performance Anode Material for Li-Ion Batteries”. However, no PR was issued. The company currently has a Market Cap of less than $2M. How is such a grant award not worthy of a PR? Why does management insist on keeping investors in the dark despite obvious advancements in the company, particularly in the area of the battery technology? Rumor also has it that the company gained back two customers who prefer the quality of the mineral it provides. If adding customers and getting 6-figure grant awards is not material to business operations, what is it going to take for the company to issue PRs and inform the public of these material events as they happen?
"A $200k grant for a $2m market cap company isn't material? "
This is exactly, verbatim, word-for word- part of my question he did not read.
BUT from his answer, I think he got it - finally -- maybe...
Took to the annual meeting for the company to finally acknowledge the $200,000 grant award from the DOE back in June. Not material "enough" for a PR, but "material enough" to put it in the slide presentation to shareholders at the annual meeting?
CEO didn't read my "lengthy" question (8 sentences), but summarized it and admitted that it was "fair" to ask why they never issue any PRs despite business operations occurring. Not sure he gave a great answer, but I hope that finally they are coming to understand that moving business operations along, but not issuing any PRs on that movement, is killing the share price.
I hope in 2022 they finally get it and PR events as they occur. They should have some good things coming up...With a less than $2M M/C, this one is vastly undervalued based on what they are doing and the product they have. Getting investors to see that (by informing the public) is key to a higher share price.
This kinda happens with this one...we sank to .02 in 2017 before we went to .25 a few months later, and .005 in 2020 before we went to .145 like two months later...
This kinda thing happens when management lays silent for months and months on end...but I wouldn't count this one out just yet...
However, as always, management leaves a lot to be desired. They operate the company and communicate like it is all their side-hustle and not full-time jobs...JMHO
Absurd that there isn’t more attention on this one…been riding for a long while, but even here at $32 it has a relatively low m/c considering the amount of cash (+$50M), revs increasing, profits increasing, trial results pending, and the fact that they just raised guidance even more…
Still has relatively low volume and there is still way more value even from these levels -
Ultimately, I think they are a prime buyout candidate from a much larger entity. Think once approval comes through things will move fast and furious - 22’ is setting up as an awesome year for this one - GL2U.
Looks like you were right before you were wrong before you were right before you were wrong before you were wrong on this stock.
Nice to see them tweeting again….maybe a PR coming???
Solid Power Partners with SK Innovation to Jointly Produce All-Solid-State Batteries
October 27, 2021 21:50 ET
| Source: Solid Power, Inc.
https://www.globenewswire.com/news-release/2021/10/28/2322267/0/en/Solid-Power-Partners-with-SK-Innovation-to-Jointly-Produce-All-Solid-State-Batteries.html
Oh yeah? What are we dumping down to and why?
The grant award is very old news now - DoE just published new list of awardees before end of fiscal year for Phase II larger awards, AMNL not on there…doesn’t mean they won’t get an award later on, but probably not imminently….
Big news here is that large seller (who has been pushing it down with 250k blocks) seems to be done (after over 6 months of heavy, heavy selling). That is much bigger for share price than any $200,000 grant award…
If only management can now get act together and put out some real battery news and/or updates with some substance…
Starting to look good: +20% on some volume and starting to thin out….
Read through the whole 10q over the weekend. Could be worse.
LT debt still scary.
No mention of battery tech or lithium, anode tech, etc.
interesting....
Yeah this is par for the course - relatively low float so it gets highjacked for short periods from time to time…
Would love a nice update from management - one where they actually say something positive and don’t ruin everything with “we are in the very early stages of development” (after 3 years of development) or other such kiss-of-death phrasing…
BUT - we languished for over a year sub-penny without a peep, tweet, PR, or anything else from management.
when we got a new CEO we hoped things would change and they would communicate more, but no. He was ultra-quick and flippant at the annual: you will get an update when we are good and ready…
This year they have tweeted some and did issue a PR or two - but not PRing the DoE award is head-scratching especially in light of their financial situation.
It is true they are pink and don’t have the same - 4 day 8-k rule, but not releasing info timely leads to suspicion of insider (10-b5) selective omission, selective disclosure etc…. They have to put it in their quarterly, but it begs the question why they felt it was not significant enough to release as soon as they were informed to the public. If you look at their financials, $200,000 is very major for them.
I think the bottom line is that not much happens with them because they aren’t hard-chargers. Management is very slow and aloof because they aren’t very good. They do not communicate well because they do not understand the importance of doing so - and they haven’t progressed much because they were very slow on the battery angle, despite shareholders screaming that it is the future for the company….and that is why we sit with a M/C of just $4M.
I think they are realizing that the battery tech is important over the past year, but they wasted a huge swath of time.
Hopefully, we see something good and soon, but with the history here, I am skeptical, though stock-price-wise I think our new base is right around this area.
GLTA
I hope so. A PR would be nice, but I'm not holding my breath - we waited over a year between PRs at one point.
I queried the CEO about the lack of communication at the 2020 Annual Q&A in December. He basically said when they have something material to communicate they will issue it and basically indicated that since nothing of note had happened in the entire previous year, that is why they had not tweeted anything or issued any PRs/8ks.
I found that pretty hard to believe, but with the COVID shut-down I gave him the benefit of the doubt (he was also brand spankin' new CEO at the time too).
Now we have a DoE ($200k) grant awarded a couple of months ago and still silence from the company. So, I am not so sure he was being 100% honest at the Annual about the reasons behind the lack of communication. It seems they are either ignorant of reporting requirements, or are practicing some shady inside practices...hate to say it, but it is what it is.
All that said, as I said many times on here before, there is just tons of money to be made in this stock if management would stop screwing up.
Let's see what they do, hoping for the best. GL2U all...