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NOVX21 Inc PORMF

Metals & Mining Industrial Metals & Minerals
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.


GREY:PORMF - Post by User

NOVX21 Inc
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Comment by investpro2on Aug 01, 2014 11:23am
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Post# 22802634

RE:RE:RE:RE:RE:Investment research

RE:RE:RE:RE:RE:Investment researchEconomics of their plan:

Capex less than $10M per plant
Revenues between $22 to 29 M depending on PGM prices (the variable of the PGM prices is taken into account here)
Opex $168 per PGM ounce excluding cost of the cat converters
Gross Margins of 33%

https://www.novx21.com/documents/en/NovX21_corporate_presentation_june_2014.pdf
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