Key Webinar PointsA little synopsis of the webinar...... what I heard....please listen to it to correct any mistakes I have made
4 module plant- cost approx 7 million U.S total -payback less than a year
4 module plant will produce approx 107,000 oz's ( 6700 pounds 3 tons )
No tailings issues. Will be used as a product in an industrial space.
Presently higher than forecasted 90 per cent recoveries.
2 avenues for final product 1. The precious metals commodity market
2. Toll type of agreement with a customer that uses PGM's (circular economy)
JANUARY-2024-Present.
1.Module one -starting at 1000 pounds per day. mid grade feedstock-goal is to ramp up to 2.5 tons
2.Starting aggressive advertising for feedstock with Davis ( partnership is intact) through their joint company PGM renewal. Targeting smaller aggregators for CC's as margins are better
3.Working with a firm in ESG space- RWG growth- company specializes in acquiring funding from ESG institutional investors and interested ESG funds- just completed an extensive documentation on Regenx.
EXPANSION
1. Ability to expand processing capability of initial location
2. Build and operate multiple plants throughout North America
3.Initiate international growth and expansion through a large partner with global presence that is already in the business- through a licensing-royalty strategy.
Carbon credits- close to getting data from module one that is required to pursue credits.
LOW GRADE run of module one was successful both on technical and equipment level. Not a lot of
end product with low grade.....
Being a tech conpany.( not a mining company with a 43-101 and third party forecasts on earnings etc) the company can not give solid pre-revenue figures ( profitability etc) It is viewed as promotional by the exchanges, and are walking a fine line in what they can say.
Takeovers- build it out and they will come.
Lastly Greg Pendura CEO quote " You have no idea how many eyes are on us at the present time both on the institutional wise and on the industry partnership perspective."
I guess as a long-time shareholder, my view is that the company is as close as it has ever been to revenue, and success. Time to hold on tight on this roller coaster ride, and see if we can get to the finish......or start line?
glta