MGX Minerals Inc MGXMF

Questions to consider...

[Millertime98]

Hello all, I have been watching MXG and doing DD on this company for a short while. I just have a few questions to pose to the fourm here and I'm really just thinking outloud. These questions may have been asked in past, if so I apologise. Some of these questions may not have answers as limited information seems to be availble. In no particular order I begin...

1. "Pre-commercial test pilot plants are currently being manufactured and engineering is underway for a 1,200-cubic meter per day commercial plant to target metal and mineral extraction as well as water reuse and re-purpose applications." 

What are the capital requirements for building this pilot-plant? Is this the the final processing capacity stage? What would be the capacity of the final plant and the cost to build. I know the plan is to build several of these... I'm just trying to get to how many plant are we talking about here, and the required investment to build this infastructure.

2. 1 cubic liter = 1000 L of brine. Aussuming a conservative ppm lithium concentration of 100 ppm and a 95% retention we get 95ppm. 1000L x 1200 x 0.00001 (Li concentration) x .95 =
11.4 L of Li concentrate per day (roughly 6.1 kg). If the plant is in operation for 300 FULL days of the year the yearly production climbs to 1.83 tons.

After all the costs of operating these plants and the logistics of moving the concintrate to an entity that can then refine it would seem a positive ROI is not possible with such variables. I am making these obervations with reasonable assumptions based off of industry practices and market commidity spot prices. Opinions?

To me this is why it seems knowing the intended final scale of the plants and their capital requirements are so important. To get a positive ROI scale would have to be increased dramatically to recoup plant financing, AND this is all assuming this technology can work at a MUCH higher scale than what has previously been testeded.
 
3. Lastly if there are multiple plants and companies we are dealing with there is the problem of logistics. Do we have offtake agreements with anyone who is willing to process our lithium concentrate as it will surely not be battery grade when collected from our plants. Us being a up stream supplier of lithium this would seem important. How will the logistics of servicing these multiple plants affect margins and the ability to make a ROI?  

4. Much has been made about Silicon and magnessium that can also be extracted. This does not seem very economically entising as spot prices for these commodites are quiet low... 
Also with experience in the lithium space  Iknow high concentration can be VERY problematic in achieving desirable chemistry for extracting and refining lithium concentrate for batter producers.
Thoughts?

I may have missed some stuff and this is quite the ramble. Sorry for any poor grammer I just typed this out fast.

Many thanks to your inputs!