RE:RE:RE:RE:Startup nears commercial scale with PCB technologyGallo1967 wrote: Which conclusions can we draw from this article?
1) Testing feedstock from Jabil has arrived - ok; 2) 6 tonnes only; is that enough to test and get results in terms of quality of recovery and a proof that the process works if the plant runs at capacity? - have strong doubts! 3) they seem to be far behind schedule in terms of capacity, remember the plan was to be at 20 tonnes per day by end of June, now it is not a given that they reach half of that - diappointing! 4) again important if not material information that is not provided to investors and the public by a press release; instead they provide this to a reporter and investors have to dig deep to get these peaces - what is IR doing the whole day long??
To address your points
1 and 2) Correction
More testing feedstock has arrived
https://enviroleach.com/enviroleach-announces-positive-production-level-testing-for-jabil-at-its-vancouver-facility/ to round off the previous 30 tons already run and confirmed . Not being an assay expert one can only guess as to what target data this (relatively) smaller run is to produce for the JET analysts. (one can bet the "mystery material" that tripped them up year ago was among the first to be run his time)
My main takeaway is the
tests have not stopped , Jabil feedstock is still finding it's way to Vancouver .
3) Jabil does not seem to have the same reservations with future throughput efficiency to this point as they keep barging in with their test batches (a good sign). Enviroleach is not to busy / behind schedule to accept same test batches (another good sign).
4) IR is terrible , fair ball