NOVX21 Inc PORMF

Industrials Business Services

NOVX21 Inc operates an industrial prototype plant for the recovery of platinum group elements. It is engaged in developing a new patented chlorination technology to quickly and ecologically recover precious metals from recycled materials.

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NOVX21 Inc

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Comment by pgminvestoron Jun 06, 2014 1:51pm

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Post# 22638118

RE:RE:RE:RE:RE:SOON SOON SOON

for some reason I thought there was 900 odd million shares OS .there is one million.My Bad , still they only have 15 million in total assets so cant see 3$ never mind 5$ I can see 50-60 cents maybe[/quote wrote:

The current market cap is $12 million @ 12 cents

1 Plant 200t/y has a Capex of $8 Million and gross margin of $10 million per year = 9.5 Month payback

* If the grams of PGM per Kg go up from 3.5 to 4.5 = $13.7 Million
* If the price of PGM goes from $1244 to $1400 = $15.8 Million

* This is 1 200 t/y plant using 4 reactors....... company is looking at 10 reactors.

A minimum of 4 reactors (200 TPY) could operate 24h / 365 days

Dedicated reactors will be installed to process other sources of material with high concentrations of precious metals

NOW....

* NOV can build more plants
* Joint partnerships to build / operate plants and grow the market
* Liscense greements to build plants based on royalty streams
* New higher margin products in response to customer's specs for immediate use

They currently have ongoing JV discussions...

Do your DD, start adding up the numbers here..

PGMinvestor