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Bullboard - Stock Discussion Forum 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... see more

CSE:ETI - Post Discussion

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Post by bailey2 on Oct 16, 2020 12:56pm

webinar

Thought it was actually pretty good. Warning, the stuff below is what I thought I heard. It may not be perfectly accurate. 

Pretty much have lost close to a year due to Covid. etc. Will not even be able to get more feedstock contracts in place before the end of the year, due to the supply chain disruption. But said there is absolutely no shortage of feedstock , once things normalize .
 
Goals - break even q2 2021.  Takes about 110 tons per month for break even.
Profit margin 200 dollars per tonne first year  at 3600 tons per year ) later said could increase to 4200 tons further in the webinar

Year 2 Add tin and copper to process- profit margin increases to 800 dollars per tonne

Year 3 Increase plant to 9600 TPA  margin increases to 1000 dollars per ton

Getting a lot of interest from recyclers to install Enviroleach modules in their operations. Are in talks with 5 different countries in Middle East, and Asia , and elsewhere in the webinar, they have partnerships with different companies all over the place. 

I think he said that there is a mining company going to build a 6 ton per day conventional mining operation in B.C. using their formula . by q1 or q2 of 2021. This is separate from the Group 11 insitu development. Duane said, if any miners are interested in the Enviroleach process, contact Enviroleach. 

The Surrey ewaste plant only needs 4 operators to run it. 
The value in low grade PCBs is about 4000 dollars per tonne.

He seemed to be very silent on the collaboration for Catalytic Converters with Mineworx. Kind of mentioned it, but said they recieved a lot of interest to recycle catalytic converters, using their process. 

It sure seems like there are a ton of variables with how the ewaste recycling space using the Enviroleach process can play out. 

I highly recommend listening to the replay of the webinar.  glta
Comment by RagnarD on Oct 16, 2020 1:38pm
A few other things of note: 1) Currently paying a 10% market premium for ewaste, presumbably because the process needs third-party validation. Expecting to pay no premium in about a year. 2) Ewaste production expected to increase to 200 tonnes per month in March 2021 and to 300 tonnes per month in July 2021. 3) First ewaste royalty plant projected to begin operations in October 2022. 4) For ...more  
Comment by dieseldave on Oct 16, 2020 1:40pm
I am confused with Duanes comments regarding the (dramatic) per tonne profit margin increase (yr2) with regard to copper (tin aside). Should we not already be realizing copper as a revenue generator as it is contained in the (for lack of a better term) "byproduct" heavy (copper) fraction we have been sending to Glencore for some time now?   Did I miss something?  Is ...more  
Comment by RagnarD on Oct 16, 2020 2:16pm
You're right - the copper revenue projections are not clear. We already should be extracting copper, but the presentation says "Addition of Copper" in stage 3.
Comment by BigGrayCat on Oct 16, 2020 3:51pm
Duane did say that the solution was targeted to gold, silver, platinum.  I thought there was mention of tin being a 2nd or separate process.  So perhaps the same with copper? Overall, I was impressed.  Not everything was answered, but at least some details into the business plan/projections for the upcoming 2-3 years. I also slightly disagree with an earlier comment about a loss ...more  
Comment by macman20 on Oct 16, 2020 5:06pm
So far the ONLY thing I've missed is a $260,000 loss had I stayed here instead of buyin 2 silver stocks and 2 Golds.
Comment by Therancher on Oct 16, 2020 5:59pm
Not quite that big of a number but..........................me too!!! Macman! I'm glad ya'll thought it was good ;););). As foggy a as Vancouver Day for me!  The book keeps changing, page 3 is where page 10 was and page 4 is taped in where page 11 was and page 7 is missing all together. All I will say is............for the new investor .............the story sounds good (and don' ...more  
Comment by bobismydad on Oct 16, 2020 8:30pm
not interesting--and there are better places to lose your money
Comment by eunice12 on Oct 16, 2020 4:28pm
Ragnr. The refiner isn't going to process for free and has recovery losses that ETI claims they don't have. Until ETI gets stage 3, they will continue to get low copper prices.
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