Recyclico Battery Materials Inc. (AMYZF)

[Leafs007]

Highlights from the Recent Interview from Critical Strategic Metal:

http://www.criticalstrategicmetals.com/the-long-view-an-in-depth-interview-with-larry-reaugh-ceo-of-american-manganese-inc/

Larry: I think this is by far the most exciting and best project I’ve ever worked on.

Larry: Well, the stock has tripled. We’ve loaded up the treasuries. We’re well funded to move this project through almost to the production decision stage especially when the warrants get exercised. But what’s really happened is there’s a sudden awareness that critical metals are as important as rare earths.

I feel the current level of awareness for critical metals is going to intensify this year. Critical metals will take the stage in front of everything else as far as the hot investment of the year.

Larry: We’ve had several approaches from some very substantial companies on offtake agreements but nobody wants to put up any money. And we feel we’ve taken all the risk. My fundamental view is that the price of manganese will probably triple in the next two years which would be around the time when we’re getting close to production and I wouldn’t want to set up an offtake in a weak position right now. After all, I don’t see the benefit of doing an offtake agreement on a product which is in short supply unless somebody wants to share the risk and so far that hasn’t happened. After the pre-feasibility study I feel that may become more prevalent and we may end up with a strategic partner which would not hurt the shareholders or American Manganese and would give a lot more credibility to the project. Our recent bought deal with Laurentian Bank Securities out of Montreal certainly signals confidence in the company and what we’re doing.


Larry: We’re moving now. We have enough money to advance us through this year and through half of the second year. What that does for us is it speeds up our drilling program. We could build up this resource to double or triple its current size because we’ve only touched about 20% of the property – you can see the potential in some of the mesas there. You can see 100 feet thick sections of manganese which have never been drilled. We don’t know the grade, but that will come with further drilling. You’ve got to remember, with our process, we can mine down to less than 1% manganese and make money.

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I especially like this fact: We could build up this resource to double or triple its current size because we’ve only touched about 20% of the property...

...imagine where we'll be if or when AMY is able to double/triple its current size?!! Monsterous!!!