New fact sheet! ANNNNNNND, No scalability risk!I think that this is vey Interesting! It says no scalability risk within the fact sheet!!!!
•Developed proprietary, environmentally friendly, “ISR Technology” that recycles waste from the permanent magnet industry and produces four high demand, high price rare earth elements (HHREE –Nd, Pr, Tb, Dy).
•HHREE represent 30% of annual global demand for REE’s & 80% of total REE market value (170k tonnes/year).•Currently operating ISR pilot plant.
•No scalability risk.
•Q3/19 -Commence construction of demonstration plant.
•Q1 or Q2/20 -Estimated plant commissioning.
•1 tonneper day @ 30% saleable material.
•Initial revenue of $6 million.
•Low financing risk. Construction costs up to $2 million. Less than 2 year payback.
•Easily scaled to 1.5 tonnesper day = $10 million revenues.
•Low marketing risk. Represents 4% of North American/Europe market & 0.5% of world market.
•Staged expansion to 2K tonnes/year –$40 MM Revenue/$8 MM EBITD
https://ressourcesgeomega.ca/wp-content/ONEPAGER/Geomega%20Fact%20Sheet%20June%202019.pdf