Replies to post #5870 on Applied Minerals Inc (AMNL)

[RazorBoy]

I find it very concerning that despite the initial positive bench trials using the silica framework from halloysite for an anode matrix, the company researching it seems to have abandoned it. Also, I would think that its production would require wet processing for higher purity, which capability they will no longer have after their agreement with BASF ends early next year. The termination of that contract is very concerning, or more importantly, that the partnership produced nothing materially while in existance. I wonder if the Korean company with whom they have entered agreement is a major or minor player in the battery realm. Maybe Carney was being very skittish because the sum of the accomplishments was very underwhelming/embarrasing.