LMD/CMD testing to last until March 2013, as stated in yesterday's news:
"As announced on March 7 2012, American Manganese Inc. has retained Kemetco Research Inc. of Richmond, B.C., to undertake research in the production of an improved lithium manganese dioxide. This project was initiated on March 9, 2012 and is expected to run for one year, and will focus on producing lithium-manganese products for use in test batteries and optimizing the final product characteristics. The subject of this research will be discussed by Norm Chow, President of Kemetco Research Inc. at the 2012 Battery Power Convention on September 19th in Denver, Colorado. For information visit: www.batterypoweronline.com/conferences/program/conference-sessions/"
I'm not sure I understand where they are in terms of economics with their lab testing. I would think they need to use the pilot plant to run production for EMD/LMD/CMD?
Anyway, if testing goes on to March of 2013, then where does this leave offtake deals that have been suggested as their main concern lately?
Are they actually close to signing one, or is it the same gab that's been touted for the past couple years?
They need a deal asap, because if they keep spending money as they have, it will surely run out sooner than later. JM2cents
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