Recyclico Battery Materials Inc. (AMYZF)

[gharma]

Interesting. HAT has come a long way from sub dollar since their bonanza (for U) announcements last mid-year. They must know more of what is there than the offer values appropriately.

I can definitely understand the attractiveness of staying in the successful "exploration and development" stage and avoid all the issues (and period of slow valuation change) of transforming into a producer.

I would expect Larry to do similarly as HAT may be and get some bidding war going if possible until an offer is too good to refuse, if that sort of thing happened with AMY. What the heck, can always just keep moving forward into production long-term profitability, which should only increase buyout pricetag (assuming expanding indicated resource, replenishment).