RE: RE: RE: RE: RE: Mike Macleod bought today ... Macleod is an operational guy ... if any insider purchase is to be considered positive ... Macleod's buying is about as good as a signal investors can get.
From a week or so ago ... Macleods guidance to me ... "Going forward, we plan to look at up-stream purification options to reduce impurity levels ahead of carbonate precipitation and test various oxidants to improve finished product quality. As stated previously, we hope to complete this initial phase of testing by year end."
On a later date ... he explained that the recently reported EMD/CMD was procured through bench scale testing using inputs from the original pilot plant run.
We have been given the results of the EMD/CMD purity/quality ... look stellar comparatively speaking.
Going back to what Mike stated about what was next ... you have to deduce that the pilot plant need not be run again to further develop the battery powders ... this can all be done bench scale as the process is ultimately the same ... it's proofed already to pilot plant.
Well ... it isn't difficult to imagine getting some pretty amazing news on testing as it unfolds. Reducing impurities before carbonate precipitation ... that would be huge to post precipitation analysis. Then ... if making oxidant adjustments can give even better results ... well ... you have world class powder ... on to lithiation from there.
No wonder Mike Macleod is buying ... as an operationals type personnel ... he certainly is in tune with the process program that is on-going right now ... and he certainly would have a feel for the 'winds' in partnership talks.
Another decent signal today by Mike Macleod.