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RecycLiCo Battery Materials Inc. V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminium at battery-grade purity, with minimal processing steps. It aims to commercialize its breakthrough RecycLiCo Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.


TSXV:AMY - Post by User

Post by NiTingBuDongMaon May 10, 2020 12:00pm
365 Views
Post# 31008964

As Always, Something One Can Relate To...

As Always, Something One Can Relate To...With a three tonne a day capacity plant for AMY costing 12 million dollars, in relation to the four tier one companies everyone seems to categorize as the top dogs, is pennies on the dollar for two, a fraction for another, and for the last one - a fraction of a fraction.

If all four tier one companies had $1 in their pocket it would be about 8 cents for LG, 4 cents for Panasonic, half a penny for Tesla, and for Samsung it's the equivalent of them tossing a used tissue from a blown nose into the trash can, or wherever it lands.

So, my legit concern aftefr all this time invested in AMY, and good news throughout, is that a customer with a dollar in their pocket walking by AMY's "lemonade stand" can't/won't even toss a penny to the kid behind the stand and say, even if they are not thirsty, "Here you go, kid, make yourself a success. You've got drive; the neighbourhood needs more like you. Keep it up!"

AMY appears to be selling tainted lemonade? If so, mom and dad (normal parents) aren't going to be happy with their child's antics......

Cheers
Watching Paint Dry

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