GREY:BIXZF - Post by User
Post by
smlmedlgeon Mar 16, 2012 12:32am
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Post# 19679058
Mike what can they add new?
Mike what can they add new? I think the information to date is that the process is viable(independently verified), they can produce 40K tons per year with the existing plant at over 80% purity(advantexx was the base line for economic calculations) and they MAY be able to do a lot better(purity) and produce a larger % of Isolexx which sells for $11K per ton vice $6K per ton Advantexx . They have enough cash to operate for 8-12 month while Canacord and they look for a JV or buyout partner/s. And they have lots of interested parties so far.
And they have the patents, as well as the ONLY proven process existant, and the only plant which can produce. As far as I know no one is being laid off?
News, even old news will help keep them in play.......and is a nice pat on the head for existing shareholders/longs like me.
What am I missing?
My 22 cents....
smlmedlge