YEh , It is a real stretch to say that the recovery will be 85% + when the results from the pilot plant doesn't show that. Real plants don't reach pilot plant results for years , if ever.
The MTU price they use is for APT, which isn't what they will be selling. They are selling a mineral concentrate that is the feedstock to APT. They will not get the APT price but get a discounted price , around 75 - 80% of the APT price. Furthermore, they put this info up years ago in other documents they posted.
So that is two of their main assumptions that are stretching the chewy.
Buyer beware.
AII Price at posting:
$4.95 Sentiment: Sell Disclosure: Not Held
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