Applied Minerals Inc (AMNL)

[Ecomike]

Hmm, so you have won US DOE grants before, like me? "fundamental misunderstanding" LOL, Enough said...

"The holder doesn’t have a say if you declare BK or not." Not true. Three debtors can force a BK... To try to and steal the assets. But they loose the Public. The debt holder can call a note in court and get a default judgement, and kill the company. That would be shooting themselves in the foot. Unless they want to steal the assets. Doing so while a huge revaluation is under based on lets say, the US DOE Phase II study the US DOE is funding.

Sometimes debt, is a too large to fail story. The folks that funded it, why risk so much with no exit?

Who is covering the $300,000/Quarter in losses and why?

I do not presume to know how this one turns out.

But the US DOE, second grant of 2 makes this a super rare duck, and the real Mine and real sales also a rare duck on OTC.

Hard to believe they put $50 Million in sunk costs into a mine, with no plan...

I would want to see solid revenue and profits before I got deep in this stock.

But in a world of OTC junk, this one is interesting. Some is paying the bills and the US DOE is paying part of the tab.

Now perhaps the exist plan, is selling the company/Mine for a billion dollars to the highest bidder?

Musk threw away 40 Billion on Twitter already. Now the richest man in the world, again.

He like Lithium.

Hmmm?