"I am also pleased to report that the Company continues to cultivate strategic partnering relationships with EMM end users and emerging rechargeable battery end users. In these volatile financial markets, this is a long arduous process mutual due diligence. These groups recognize the strategic imperative of supply chain security; and the risks, lead time and money needed to build a new mine," concludes Mr. Reaugh.
Gov't agencies are risk adverse so the process of getting them to use the actual powers delegated to them by the President may be intricate and slow; but, on the AMY side of the equation there would not be much due diligence other than -show me the money as the GERRY MAQUIRE movie so humorously pointed out.
DOD could spread the funding over several fiscal years and not even have a reportable event since the $470 million is a tiny dent in a $600 Bill ANNUAL defense appropriation. AMY would cause the industrial world to sit up and take notice if they corraled CAPEX money from the gov't agencies in need of this strategic metal.
If there were DOD, HOMELAND SECURITY, and COMMERCE people in that audience, they could sponsor this initiative and get great credit for doing so. Will they ? That ball is in AMY's court.