EnviroMetal Technologies Inc C.ETI

Plan B status and COVID (alternative e-waste supply)

[irishminer]

Got a detailed response from Jason yesterday in relation to ETI Plan B: "Throughout the first half of 2020, we also built a diversified supply chain network. Commencing in late December, we started a broad market out-reach program targeting E-Waste recyclers across North America.  The market intelligence and supply sources we gathered is important to our growth plans.  We have identified multiple supply opportunities through direct communication with local, regional, and nationally established recyclers which process significantly more printed circuit boards than Jabil.  But we note that the situation is uniform across the industry and supply chain disruptions have impacted all market participants internationally. On the positive side, ongoing dialogue with several recyclers suggests that material is slowly starting to move again."

[yogingo1]

Thanks for the update Irish miner AKA   Duane/Jason I have a few questions for you 1) Why  why did you not proceed with  Commercial production starting in December as promised & allowed the Company to get into a  financially vulnerable position  where we are today  without notifying us shareholders  of a significant change of plan ? 2)  Why did

[Therancher]

Solid and relevant questions for sure!!  Call and ask them. Duane and Jason don't read our BS fortunately, or I could have a contract out on me ;););) RR

[smallcapstocker]

Yup exactly on point Yogingo! And it also seemed suspicious to me that Irishminer is the only one receiving such detailed reporting from IR. Not sure why corporate does not just make the update as a news release. But to your point...not sure why they do what they do.

[bailey2]

There is really nothig new in the Irishminer's reporting that Jason has not reported to other shareholders when emailing him or talking by phone. As far as I'm concerned the only new tidbit was about the first tranche of options going to a third party. Either Duane got too cocky with Jabil, or Jabil is trying to starve us for a sweetheart deal-for Jabil. There were supposed to be a slew of

[BigGrayCat]

I also received almost identical verbage from IR (Jason) a couple days ago.  I had submitted an email several days earlier... Here are a couple additional things that was in my response that I didn't see reported earlier: "I recognize that we are in competition for investment and we need to continue to justify investor support by delivering on developments.  However, in

[yamadason]

I'll add I received similar responses to you folks. Jason did respond positively to my suggestion for a proof of concept video from the company. Something that confirms the plant does what they claim it does. Toss in ewaste,grind and seperate, electro win out the metals. 

[yogingo1]

In the absence of SOLID and executed news,not dodgy Memorandums of Understanding to "titilate" the share price & do a CR almost immediately on the back of it,how and at what price do we raise further Capital for the Company to carry on after September of this year  when existing funds run out ? What  risk discount to the prevailing  & eroding share price will we

[SpeckledJim]

Thanks for this, I found it very encouraging. "I recognize that we are in competition for investment and we need to continue to justify investor support by delivering on developments.  However, in contrast with mining exploration companies, EnviroLeach is on the cusp of revenue from multiple sources.  We are no longer a speculative play that can simply highlight blue sky

[irishminer]

Update from Duane in Enviroleach to TMR, main points: (a) Jabil relationship may still come to fruition in the future, for now because of staff changes in the Jabil Enviromental Development area and COVID issues, movement unlikely in the short term. (b) 85 tons of e-waste with a further 20 tons to be processed in Enviroleach plant to complete testing and data collection. Current data very good

[bailey2]

Appreciate you sharing the info. glta