5$ end of next year Orbite, soon to be renamed Orbite Technologies will be a dominating player of the mining industry in the upcoming years.
Why? They have a very strong management team. Amongst them Claude Lamoureux and Glenn Kelly. I invite anyone to look at Claude Lamoureux's past, especially in Ontario where he was at the helm of Teacher's fund which grew 80 billion $ while he was there.
Lamoureux could land a high profile job in any companies and yet he chooses to be chairman of a tech junior named Orbite. If you look at Lamoureux's past he is a very sucessful innovator and is here to change the game just like Orbite will change mining, environment and the way we look at technology forever.
That said 5$ price target brings us a 2.0 to 2.5 B$ Market Cap. Where will the projected revenue to justify this come from?
It will come from the liscening of their technology, one of them throught their potential upcoming exclusive partnership with Veolia as stated by Glenn Kelly in the last quaterly conf-call. Their upcoming name change to Orbite Technologies reflects very well this business model. TSX is considering moving them in the technology category.
What is the advantage of Orbite vs competion?
Orbite's advantage is that they can extract all values (alumina, rare earths, etc) from a given feedstock thus making it more economically profitable then their competitors who can only extract one type of value. Moreover they can process multiple types of highly available feedstock such as aluminous clay, red mud and fly ash thus enable client companies to get rid of their very expensive to maintain red mud pounds or fly ash piles. Moreover Orbite can extract alumina from aluminus clay without creating red mud in the first place.
A mining industry under pressure to produce more efficiently, at lower cost and while avoiding environmental damage (and thus avoid expensive fines and maintenance cost) is in desperate need of new ways and processes. This is where Orbite's tech comes to play and this is how Orbite will help define the next generation of the mining industry and will be one of the most influential technology changes of the world in the next decades.
Their latest quaterly conf-call, a webcast can be found towards the end of the NR:
https://www.orbitealuminae.com/en/news/press-releases/orbite-announces-third-quarter-and-nine-month-2014-results-and-updates-construction-hpa-facility/