Comparison w AMY.VAMY.V's PP was over-subscribed. AMY now has a MC that is double CNY's. AMY has low-grade Mn. CNY has much higher high-grade Mn. If CNY can prove up 10mt then by my rough math CNY would have similar total pounds of Mn as with AMY. If high-grade Mn is easier to mine and refine then CNY should have lower costs. Therefore,
my back of the envelope analysis versus AMY says that CNY is very cheap. Yes, CNY still has to complete a NI 43-101, but the upside looks very good for CNY. That said,
AMY's prospects look good as well, but CNY's, if they continue to deliver, look better. If CNY proves up more than 10mt Mn ore, then things look even better. This could get very interesting.
https://www.americanmanganeseinc.com
AMY's fact sheet puts Mn in perspective:
"“You cannot make steel without Manganese and if you can’t make steel the world stops.”
- Brian Gilbertson, the CEO of Pallinghurst