GREY:MGXMF - Post by User
Comment by
Badger7on Jan 09, 2018 5:36pm
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Post# 27317701
RE:RE:RE:MGX Solves Zinc Dendrite Formation Limitation
RE:RE:RE:MGX Solves Zinc Dendrite Formation LimitationMeans that this team is a "clean-tech" energy play beause over on the Nasdaq exists a military company called Arotech, and they have been trying to figure this problem out for years
ARTX develops & produces these high power zinc-air batteries and is likely the sole supplier of this technology to the US military.
MGX Minerals has two choices:
1. license the tech (less likely case, yet most exciting) direct to the military
2, license the tech to ARTX (most likely case) who then in turn churns out a new product to their existing supply chain
3. make the Zinc-Air prototype themselves and go it alone (least likely case, yet perhaps most lucrative)
4. partner with someone like Ballard & Cdn gov't to get grants and go it alone sharing the risk (much like case 3 or 2)
ARTX has $93Mmcap at ~$3.20/share
The US Army likes the Zinc-Air weight (they are very portable and can get into tactful areas on the fly with infantry), but the biggest issue during the Iraz war was that they wished the batteries could last longer and hold their charge after repeated recharges (that's the problem now fixed!)
This is very good news.