Spin Out Is The Next...This is the next catalyst, I feel, that will keep AMY floating in the $1.50 - $2.50 range, or take it to its next level with some one stepping up to the plate (with money/partnership) with AMY’s recycling sector separated from its mining assets.
Many might re-invest their spin out shares into AMY, as well (??), causing a rise in the SP, but if after a few months of the spin out’s completion, great reactor numbers, and no big name partners signed on board, it’ll be a slow rise to a much higher SP.
I’ve written to Larry twice (early October/early January) and Teresa twice (recently) about the spin out’s final taking place, and well, I’m tired of the skipped CD/broken record response. Filings take time, and while this isn’t on AMY’s part, the TSX has their heads up their as…, like they have with allowing shorts to run amok.
The run up here, slow or faster, hinders on the spin out and the conformational new releases taking AMY beyond a concept only, soon(ish) there after…
Cheers