As with everything with AYSI, I wish there was more detail... What does "various materials and production inputs" mean exactly? Does this include the royalty? What are the financials? Without these details, its hard to opine. I sent a note to the company to see what it means. We'll see if they respond...
In general, I view the desire to bring everything in house and the removal of these related party transactions to be favorable. It shifts the company to being more attractive to outside investors/acquirers.
I continue to hold and buy opportunistically on dips, but the investment horizon here has stretched much further than I anticipated.
You seem convinced that Matrix Metals included the royalty, any reason?
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