AI
Wednesday, October 19, 2011 7:03:43 PM
Of course you're right.... only got 3 hours sleep last night. Bit of "brain fog" today.... 
But thanks for a REALLY IMPORTANT CORRECTION.
Yeah, that's almost 15 BILLION LBS of INDICATED CATEGORY RESOURCE of Mn.
Thus far we've all been used to hearing CEO Larry speak of the gross profits of about $1.30-$1.40 per lb on all that Mn being turned into EMM (given present EMM price/lb imported into N.America with China export and USA import duties).
Just wait if/when we soon get the news that the EMD/LMD segment is also viable (I assume it is, otherwise AMY would have pulled their fact sheets and slide-show presentation items referring to EMD for the battery industry). Larry has told us that the gross profit on turning EMD into LMD is at least $6/lb. Do y'all see what that immediately does to the NPV (net present value) of that Artillery Peak project if only 1/5th of it is used for EMD, not just EMM? And again remember that the 15 Bn lbs (plus the several billion INFERRED) is based on only about 25% of the property explored.
Awesome...
But thanks for a REALLY IMPORTANT CORRECTION.
Yeah, that's almost 15 BILLION LBS of INDICATED CATEGORY RESOURCE of Mn.
Thus far we've all been used to hearing CEO Larry speak of the gross profits of about $1.30-$1.40 per lb on all that Mn being turned into EMM (given present EMM price/lb imported into N.America with China export and USA import duties).
Just wait if/when we soon get the news that the EMD/LMD segment is also viable (I assume it is, otherwise AMY would have pulled their fact sheets and slide-show presentation items referring to EMD for the battery industry). Larry has told us that the gross profit on turning EMD into LMD is at least $6/lb. Do y'all see what that immediately does to the NPV (net present value) of that Artillery Peak project if only 1/5th of it is used for EMD, not just EMM? And again remember that the 15 Bn lbs (plus the several billion INFERRED) is based on only about 25% of the property explored.
Awesome...
