RE: quoteThe company also states:
>>>>
TheCompany has made good progress on the project over the past severalmonths despite the difficult environment for financing. The followinggoals have been reached and the Company is now able to proceed withits pilot plant study and will soon be able to initiateprefeasibility studies:
<<<<
Seems like mostly good news.
-AMY actually is aiming for production rather than trying for a buyout
-any off-take agreement will speed up financing. The $100 million in financing needed by AMY is chump change compared to the billion dollar projects looking for funding.
Not stated in the release is that production is at least 3 years away and we can expect more rounds of share dilution.
I bought more shares today at .23 but my order was only partially filled. Sellers are holding firm.