Jul. 12 at 7:27 PM
$ABAT Battery recycler LiCycle
$LICY before went bankrupt under CEO and founder Ajay Kochar. Glencore initally invested
$200 million.
With the bankruptcy shareholders had ZERO rights. ThenGlencore set a lowball auction price and got ALL of the assets (facilities and IP) at a bargain price.
And then they re-hired the very same Ajay Kochar!
COMPLETELY and BLATANTLY a total ripoff.
However, maybe Licycle, er, I mean Glencore will ship the black mass to Metallium
$MTMCF.
I have ABAT AND MTMCF. Maybe MTMCF can eliminate some processing steps for ABAT, and process the black mass from Glencore (that I already paid for). More to say...