With all due respect to fellow posters, I don’t quite understand the “it’s been too quiet” argument. There have been at least two interesting / exciting things per month for quite some time.

In June, there were several interesting items in the AGM call.

We learned that the top three things keeping the company busy right now were iron ore, aluminum, and PFAS.

We learned that there has been a shift in communication strategy around iron ore pelletization, namely that as additional prospects and clients join “A,” “B,” and “C,” that the company will no longer press release their interest and give them “letter” designations. The point has been made that interest by iron ore pelletizers is neither a fluke nor a fluke plus a copycat, but a corroborated thing. And so now, for clients “D” and up, there won’t be press releases about conversations and negotiations in the same way as for A-B-C. It’s no longer material, it’s business as usual. Wow. An entirely new industrial technology researched, scoped, modeled, stood up and delivered in 3 years, 2 of which were a global pandemic. That's the company line and I find it convincing.

I had already noticed a shift in communication tactics -- more "this happened / we did this" vs. "that might happen / we plan to do" -- more steak, less sizzle. We have to be hip to the shift. Notice that (as I predicted in my "Cavern Club" post) we are getting less Peter here on agoracom and more of his deputies, and more overall message discipline. That's appropriate. He's busy executing.

There were several other nuggets… and promises of specific updates (I forget if powders or aluminum or both) … but you had to listen to AGM as the info came in auditory form.

I get it. Stock price is currently low. It is an incomplete price signal. The volumes are so much lower than ones we have seen in the past. Holders are giving a price signal, too. They are saying, no, this thing is worth more, you cannot buy it from me for that little. My due diligence suggests to me I say thank you to the shorters and capitulators. I see it as a chance to buy a $5 or $10 or $20 bill for a buck-fifty, a few shares at a time.

As for any shares PPP is selling for estate planing purposes. I truly don't care. He still owns half the company. In fact, I hope at some point he'll sell more in order to make non-dilutive additions to float.

GLTA.