EnviroMetal Technologies Inc C.ETI

webinar stuff

[bailey2]

For. those who are unable to view presentation, this is what I interpreted.
Listened again. 35 minute mark Duane said they are a year delayed on being cash neutral because of stuff, Covid.

Hiring a business developement person  for both the  ewaste and mining side.

Partnered with a German and Swiss firm to insert ewaste modules into recycler operations
Has phone calls almost daily from recyclers about their process.

The low hanging fruit in the mining sector is flotation and gravity concentrate.
Has hired a large engineering firm to take over design and implementation of modules for mining.
First mining module is going to be a gravity concentrate at 6 tons per day. Up and running in q2.
It will be the "showcase "

 The Canadian Government and Research Council  is funding for the R&D on tin and copper extraction. 

Is in discussions with the largest recycler in North America, and the largest recycler in the world.

Have 100 tons of ewaste lined up for Nov , Dec. Very adamant that their is not shortage of pcb's once the suppy chains normalize

Buildout of all Corporate  plants by Sept 2025. A little confused as they are called " Royalty Plants?" If they are corporate plants , why would they be called royalty plants, unless owned by someone else?

On the mining side , 4 Royalty plants by Oct 22. The mining side is a royalty model.

They presently have no debt. 

I found the webinar very interesting. On Aug 6 on another presentation , Duane said 5 corporate plants at 12000 tons per year. With a graph etc. of the first plant running at 12000 tons the first year.  Things have sure changed. Also can not figure out why they would not put 2 shifts on once the feedstock normalizes? The 3600 tons is based on one shift per day. 

Duane said there may be some "surprises" also coming up. I don't know how many more surprises shareholders can handle. 

Duane had said that there are a lot of shareholders not satisfied with the developement so far, however, personally, I think the lack of communication from the company, is the major driver, as I for one thought that the tin and copper was already integrated, after statements, saying they had been working with Apple for so many months on tin, and they had produced 20 tons of copper from the commercial testing, etc. These are just a few of several statements that confuse, along with changes of production tonnage for the Surrey plant every few months, lately. depending on which presentation you listen to. 

I also assume the 20 per cent isn't taken off the 200 dollars per ton profit for Mineworx ownsership of the Surrey Plant? 

Sometimes there are more questions than answers from these presentations. I think we do need some "surprises" in the near future to make this company appreciate in value. Maybe a buyout on the ewaste side, or a MAJOR partnership . Also wondering as part of the DA with Mineworx on Catalytic Converters if Enviroleach will negotiate a buyout or transfer of ownership of the 20 oer cent of the Surrey plant that Mineworx owns? All just speculation. glta

[dieseldave]

 Nice work Bailey , and you're right, communication has always been an issue . Duane has never done any presentation without screwing his facts or dropping a decimal . The "ground shifted" more than usual on this one, Copper and Tin (to be determined?) . What was once announced as "A Long Term Feedstock Deal" is now two 100 tonne bites in Nov/ Dec , I found it

[bailey2]

I am truly having a difficult time with the high operating cost per ton.  They are buying the feestock :  Year 1 2250 per ton Year 2 2050 per ton Year 3 2050 per ton Costs per ton  Year 1 1349 per ton Year 2 1349 per ton Year 3 1088 per ton  Total value of material in feedstock is around 4000 per ton For instance 10 tons per day is 13940 dollars cost per day. that is with

[Therancher]

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[eunice12]

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[SpeckledJim]

I've been over the webinar a couple of times and I agree with you bailey2, I also interpreted the 100 tons lined up for Nov/Dec as being separate from the long-term agreement. Speculation on my part, but it would seem that they have abandoned the processing into "light" and "heavy" (copper) fractions. I wonder if they've realized that sending some concentrate to

[dieseldave]

 Thanks for the input Jim, sound speculation, but it would certainly help current long term investors, if they were steering in an "In House" direction,to elaborate via Web presentation or update. From the sounds of it,everyone on this board (save for eunice) was blindsided by the whole concept.   If Envirocircuit is planning to increase Emew's role to

[SeeRuleNumber1]

Engineering, design and construction has been MWX's role in the E-Waste partnership this whole time and MWX was literally a mobile mining/extraction company before all this E-Waste business.  Can anyone answer, or even speculate as to why MWX isn't being consulted for the engineering that Duane mentioned?

[eunice12]

SRN Yeah I can answer that. They were not micromanaging the cc to explain what every person involved with the process does. MWX gets 20% of the split so when they are needed they do their part. Very simple concept and shareholders don't have to try to manage the project. Also it is quite funny reading the comments wondering why the company is trying to make pure products instead of sending

[SpeckledJim]

For those interested, a response from IR clarifying what was said at the last webinar (regarding copper + tin extraction): "You are correct; we separate the materials into non-metallic (light) and metallic (heavy) fractions. The metallic fraction is sent to smelters and we are paid for the copper, silver, palladium and any residual gold remaining in the concentrate. Tin is also a component

[Therancher]

Good job in-Speckled Clouseau on digging up "the evidence "!!!! It's a shame you have to be a PI to find out what is going on on both ETI and MWX. Digging out information is like "pulling teeth" hey Bailey!!!! ;););) RR PS I have been promised this won't be the case with MWX once this next release comes out. That remains to be proven and I guess we will see. The Howard

[bobismydad]

bet PI, NAT-BK, CASNACRD are shorting under the name --'Pepi le PEU'

[dieseldave]

 Thanks for the info Jim.  Hopefully management will now provide mileposts moving forward as to how this recovery process R&D is progressing as it would appear they are attempting to develop methods that have not previously existed (sound familiar?), Will new patents be involved? Will future module deployment hinge on securing said patents?  Duane considers it risky to divulge

[dieseldave]

 In what can only be attributed to the "Blue Moon" last Nite, I received a reply from Duane @9:45 this (Sun) AM.  I asked if the methodologies regarding tin and copper isolation were novel enough to require patent protection upon successful development? AND if said patents are warranted, will future partnership relationships / module deployment be contingent upon securing said