Replies to post #1712 on Recyclico Battery Materials Inc. (AMYZF)

[gharma]

There is a problem in saying something like

it is still at 50 some cents because it is not 2016 or 2020 (year)...wait and see!

because it can be seen as saying wait and buy in around 2015 or 2019 (when Aquafina is up to $8/bottle).
The point is what is a proper present value for the project, and that is pretty hard to evaluate with the info available in the public space today. We are hoping that will be changing rapidly over the remainder of 2011, and as we see what is done for continuing financing for progressing the project efforts into 2012.