Applied Minerals Inc (AMNL)

[fromtheuk]

I have not made the connection to the old $500 a ton order, I personally put that to NNAN testing it's processes and customer samples etc etc.

I don't see why NNAN will resell our clay, only licence their patented technologies + maybe some sceintific consultancy. (Which in it's self could be considerable).

I believe the intention is to use NNAN's seperation process on-site at the Atlas mine and ship direct to the customer. No doubt NNAN will also receive some income from ALMI for using their process.

Could be wrong tho...