Recyclico Battery Materials Inc. (AMYZF)

[value1008]

Off topic: MOR.v / MLYFF (note: there's an IHUB board for MLYFF and a Stockhouse board for v.MOR)

The thing that concerns me about MOR/MYLFF's Tami-Mosi magnesium project in Nevada is that the very recent PEA did not show NEARLY the same kind of promising prospects as AMY has with its PEA and imminent pre-feasibility study for the Artillery Peak Manganese project in AZ.

Here are the MOR/MYLFF details:
NPV @ 6% $547 MILLION
Project IRR 16.1% [unpromisingly low]
Initial Capital $424M [very high]
Payback 5.9 years

By contrast, for AMY--just on a 3500 tpd production of EMM (not factoring in EMD/LMD revenues, which appear to have colossally high profitability)-- the NPV and especially the IRR are both much higher, the CAPEX is only about $120-130M, and the payback is about 1.5 years or less, MUCH LESS if they in fact go forward with EMD/LMD sales as we all seem to think based on what Larry is saying and Kemetco is doing.

I know why Larry is focusing so much more of his energy on AMY and letting Ed Lee mainly take the reins (for the time being, anyway) on MOR/MLYFF. (NOTE: Larry is CEO of MOR, Lee is President of MOR; Lee is also a Director for AMY and a longtime colleague of Larry.)

I am hoping that MOR will be able to get their production costs down, which would increase the profitability of the co.

What's really impressive about MOR is how many top-notch Magnesium consultants Larry and Ed Lee have recently brought on board with stock options. They may be able to make some interesting things happen.