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RecycLiCo Battery Materials Inc V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. Its segments include the research and development of recycling battery cathode waste in lithium-ion batteries and the acquisition, exploration and development of interests in mineral resource projects in British Columbia, Canada and Arizona, USA. It has developed advanced technologies that recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. It recovers up to 99% of cathode metals from battery waste and upcycles them into high purity, battery-ready materials. Integrate a bespoke RecycLiCo Clean Spot plant and its patented closed loop, multi-tons per day, lithium-ion battery recycling and upcycling process-on-site-within a client’s battery factory or battery recycling operation. Its properties include Artillery Peak, Rocher Deboule and Lonnie.


TSXV:AMY - Post by User

Post by Kf9falconwingson Dec 03, 2017 8:50pm
198 Views
Post# 27082028

So it looks like the cost to build a pilot plant is ~$6M

So it looks like the cost to build a pilot plant is ~$6MThe cost to build the pilot plant has been pegged at around $5M-$6M.
It’s come out in the last couple of articles from Larry himself.  That would be pocket change to a number of companies that would be interested in the tech.  The question us shareholders need to ask ourselves is, do we give up a chunk of the company and take on a partner to fund this next phase?  Or do we suffer some more dilution and tap the capital markets and raise the money ourselves?   Anyone care to chime in on this? 
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