Just The Facts - But Clearer Picture NowFirst off, I'm not here to bash Larry. What's done is done. Did Larry miss the boat? likely, but we can move forward now.
What we know is that AMY will not get any big JV partners anytime soon. Larry has said that, and we now have a vague timeline. AMY needs to build it's demostration plant and iron out the bugs prior to any meaningful discussions. This will likely take a year or two. Good news is they now have funding to ride this out. 70-80 cents is now the new 15-25 cent mark that we floated with for years prior to the Biden Bump.
I think the Wenden project is definitely uncertain due to the Gosar issue. Politically, it's highly unlikely that anything a disgraced member of Congress championed gets further support. Not impossible, just extremely problematic. We can only hope that this decision lies only with the DLA with no political interference. Either way I would expect delays because of this. Should this fall through, then obviously with the negative pressure on this stock, it wil take a big hit.
Once the demonstration is up and running, hopefully Larry can disclose the names of some of the customers or at least where the feed stock is coming from.
I don't see anything else in the works to push this stock at the moment. Getting more patents is not going to move the stock at this point, only customers or big named partners. It's looking like we are a year away from any positive news. I guess this is why Larry changed his tune to AMY being a "very long term gain". Maybe still a good hold, just not the play most of us longs were expecting at this juncture. Especially, with the likes of Redwood Materials and Li-Cylce taking flight.
Now we wait....again/still.