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EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company, which is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.


CSE:ETI - Post by User

Comment by bailey2on Nov 27, 2020 1:21pm
252 Views
Post# 31990198

RE:RE:Q3 Financials

RE:RE:Q3 FinancialsMy personal opinion, is that the technology was not at the point of being green enough.The tin and copper fractions would still have to be sent to a smelter, presently. The process does not appear to be hugely profitable and worthwhile to Jabil , in my opinion, until the tin and copper can be processed inhouse at the ewaste facitiy. If you look at Enviroleach's profit forecasts for the coming year, and years, the profit margins increase immensely when they are perfected for inhouse processing. I'm also thinking that maybe Jabil like myself initially thought that the process could handle whole pieces of ewaste, and rid the dumps of electronics. While I'm told that the facility could process whole pieces, there is obviously a reason why they now have strictly concentrated on printed circuit boards. Maybe the machinery doesn't hold up, and wear and tear, who knows. Jabil spent a lot of money flying back and forth on their corporate jets over many months. I do not believe for one second  the only reason Enviroleach gave for Jabil backing away, was no feedstock supply chain. I'm sure someone else may have a theory or two. glta
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