Replies to post #3857 on Recyclico Battery Materials Inc. (AMYZF)

[gharma]

I think the OTC is just the early close showing a purchase at one of the times the TSX had dipped to 0.09
It is looking like the worst of decline has passed (assuming we continue to have hopes of global growth and a financial system the functions that is). At least there has been slow but stead strength, with fairly sized volume some days.
I have said before, for somewhere in the $20m cap ex as a very rough guess AMY could probably buy up some water allocation on the Central Arizona Project canal and truck or pipe it north to the project. That would, given the "green" process and majority of water "lost" being in the hydration of the tailings, automatically make AMY a groundwater recharge operator, and given the sensitivity of the immediate area it would likely also automatically make AMY the darling of those environmentally concerned over the area.
IOW there are options, worse comes to worse.
BTW while I do sound critical at times, I am hopeful I am not seeing wrong when I see AMY has decent upside - just a large financing burden ahead (and even on that one I am still at around a 50-50 on some form of US gov facilitation).