Replies to post #1226 on Recyclico Battery Materials Inc. (AMYZF)

[wzebra33]

I welcome his caution on shareprice pie in the sky forecasts .Like anyone with money to spend you spend it.So when production starts I invision a spending spree buy the company.(IMO) it`s way to early to count on a 10+ bagger.Lets get the pilot plant up and running and then dream of riches.

[value1008]

Joe, you wrote:
>"there is a lot of evidence that what they have applied for patents on [i.e., the new process for creating EMM, supplementing the old proven leaching process by the US Bureau of Mines] works. Too many experts have already been out in the public talking about it."

--Those experts obviously include the Kemetco Research team of Norman Chow, Anca Nacu, Doug Warkentin, Igor Aksenov, Hoe The, presenting along with AMY's John Fisher at the 2011 SME (Soc. for Mining, Metallurgy, and Exploration) conference in Denver on March 2, 2011 the technical paper,
"New Developments in the Recovery of Manganese From Lower Grade Resources."
Here's the relevant slide show:
http://www.amydata.com/data/Powerpoint/kemetco/SME%20Power%20Point%20Presentation%20Final.pdf

Biographies for the presenters (taken from http://www.americanmanganeseinc.com/wp-content/uploads/2010/09/AMY_Kemetco_Final_Report.pdf ):

BIOGRAPHIES
Kemetco Research Inc.
Kemetco Research is privately owned contract Research and Development Company specializing in extractive metallurgy, chemical processing and specialty chemical analysis. Kemetco was formed after the acquisition of the Industrial Process Division of BC Research. BC Research had been in operation for over 60 years as an R&D contractor in British Columbia, Canada. Kemetco provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development and intellectual property management.

Norman Chow, M.A.Sc., P.Eng.
Norman Chow earned a B.A.Sc. and an M.A.Sc. in Metals and Materials Engineering from the University of British Columbia. He is a Registered Professional Engineer (P. Eng.) in British Columbia. Mr. Chow has over 15 years of technology development and contract research experience. Mr. Chow co-invented a patented electrochemical metal cleaning process that has over fifty installations in twelve different countries with multi-national metal producers. He is the President of Kemetco Research Inc., which he formed after acquiring the Industrial Process Division of BC Research Inc. Mr. Chow’s patented metal cleaning technology was the winner of the Financial Post Gold Award for being the Top Environmental Technology in Canada. In addition, Mr. Chow was the winner of the Business in Vancouver Top Forty under 40 Award, recognizing top business achievers under the age of 40. Mr. Chow is responsible for developing the water recovery methodology and conducting the mass and energy balances described in this report. Mr. Chow along with Dr. Nacu, authored the majority of this report.

Dr. Anca Nacu, PhD,
Anca Nacu received her B.Sc. and M.Sc. in Chemistry from the University of Timisoara, Romania and subsequently earned a PhD in Chemical Engineering from Taiwan National University. Dr. Nacu is a Project Manager at Kemetco and manages the majority of Kemetco’s contract work and testing projects. Dr. Nacu was the project manager for the American Manganese project and was responsible for managing the completion of all test work related to this project. Dr. Nacu along with Mr. Chow authored the majority of this report.

Doug Warkentin, P.Eng.,
Doug Warkentin received a B.A.Sc. in Mining and Mineral Process Engineering from the University of British Columbia and subsequently became a Registered Professional Engineer (P.Eng.) in British Columbia. Mr. Warkentin is a Qualified Person under NI 43-101 for the public reporting of results from metallurgical test programs. Mr. Warkentin manages Kemetco’s R&D projects. He has 17 years experience covering a wide range of projects in mineral and biological process engineering, resource recovery, extractive metallurgy and waste treatment. His experience includes plant design, construction, operation, and evaluation as well as process research, development piloting, and project management. Mr. Warkentin has conducted numerous research and testing programs requiring novel flowsheet development, including the development of patentable processes. Mr. Warkentin was responsible for test program related to the biological reduction of dithionates described in this report.

Igor Aksenov
Igor Aksenov received a Bachelor of Applied Science in Chemical Engineering from Perm State Technical University, Russia. Mr. Aksenov is a process engineer and has been involved in detailed engineering, feasibility studies and plant commissioning of sulphuric acid plants and horizontal belt filters, thickeners and associated mineral processing equipment. Mr. Aksenov’s has extensive experience as a process engineer through his work with Aker Solutions, Delkor Global and Shell. Mr. Aksenov was responsible for test program related to the solid – liquid separation described in this report

Hoe Teh, P.Eng.
Hoe Teh received a B.A.Sc. in Metallurgical Engineering from the University of British Columbia and is currently a Registered Professional Engineer (P.Eng.) in British Columbia. Mr. Teh has 36 years of extensive experience in mineral processing, hydrometallurgy, pyrometallurgy, and environmental operations. His experience covers 8 years in R&D, 17 years in operations, 11 years in engineering & consulting involving scoping to feasibility studies and detailed engineering. Mr. Teh has held senior technical positions with Barrick Gold, Hatch and Teck Resources (formerly Cominco Ltd). Mr. Teh was responsible for process design and engineering of the conceptual process flowsheet described in this report, in regards to practical operation.

[Danduedil67]

Joe,
I agree with everything that you point out, and as you know, I have already drank more than my fair share of the AMY Kool-Aid.

I just want folks to focus in more on what it takes to get to what you said in your second sentence: "Keep in mind that we will be producing EMM/EMD and probably LMD".

It is not an absolute lock that we "will be" (though I think that it is highly probable that we will get there) Right now, we are producing nothing, except for drilling reports.

As Tim can attest to (along with stills999, tiesto, Chesterfield, and Traderfan) sometimes the "collective mind" gets a little too carried away with what seems like a fantastic opportunity (See CCME). Especially when the CEO is a good drum beater. I think we need to keep very focused about the hurdles that are still ahead of AMY. We will have plenty of time to project our mountains of profits after we actually make it to production.

-Dan