Newlox Gold Ventures Corp C.LUX

ZOOM meeting next week with Ryan Jackson

[brewster123]

Ryan Jackson will be hosting a Q & A session on July 19th at 12:00pm PST.

Register to save your seat at https://lnkd.in/gpiR6yg5

[JayBanks]

So by the fact no one has mentioned any feedback from this Q&A, does it mean no one watched it (I didn't as I was at work) or nothing interesting was said?

[SmilingDog]

I thought there were many important takeaways. Plant 1 is around 50tpd and more importantly (given it is 2x the size + what expansion plants will be modeled after) plant 2 is nearing completion of construction, will be commissioned and start ramping this year. I thought Ryan sounded very confident around everything. No doubts both plants will reach targeted production levels. There's not much

[JayBanks]

  Thank you for the take always, I haven't looked for a video on it yet but there likely isn't one... Plant 2 was supposed to be completing construction last November-December, that's a rather large pi$$off that it's +8 months behind because of a major part needing to be re-manufactured... There is anouther frustration for me that the 'plan' they laid out and

[SmilingDog]

Your concerns are understandable. There have been significant delays at Newlox. However, when I look back at the chain of events/evdience, I put the majority of the blame on supply chain issues post-COVID and into 2022. At this point I have countless touch points on this, including numerous companies and supply chain managers who have all confirmed that to order industrial equipment/chemicals/etc

[JayBanks]

I agree Plant 1 to me is experimentational, what it produces is rather meaningless but the fact it works and they can test and engineer systems off of it in my opinion is the true value of that unit. Plant 2 being the scale up is where my interest is, that's where we make money and know how to put subsequent plants together and run dirt and turn us into generating revenue until the next

[SmilingDog]

Yep I can understand why this has been frustrating. But, looking at this as a relatively new, unbiased, objective, investor, the opportunity right now seems better than it ever has, given we're receiving the same upside, over a very near term, at a very discounted valuation. Plant 2 has been very delayed for reasons outside of their control. But now they are back on track, fully financed, and