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EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company. The Company is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.


CSE:ETI - Post by User

Comment by bailey2on Oct 18, 2020 11:58am
301 Views
Post# 31735993

RE:RE:webinar stuff

RE:RE:webinar stuffI am truly having a difficult time with the high operating cost per ton. 

They are buying the feestock : 

Year 1 2250 per ton
Year 2 2050 per ton
Year 3 2050 per ton

Costs per ton 

Year 1 1349 per ton
Year 2 1349 per ton
Year 3 1088 per ton 

Total value of material in feedstock is around 4000 per ton

For instance 10 tons per day is 13940 dollars cost per day. that is with 4 operators and a process that recycles literally everything with a top-up of the effluent every once in a while. Does anyone care to try to explain or speculate why the costs would be so high per ton? Would anyone care to speculate if running 2 shifts would lower costs? One would think so, but it seems to really rely on the extraction of the tin and copper to make money, in the future?

Another little tidbit. In the value of the approx 4264 dollars per ton of feedstock, it is broken down

gold- $ 1833 per ton
copper $ 1372 per ton
palladium $ 346 per ton 
tin $ 417 per ton
silver $ 296 per ton

Total $ 4264 value per ton 

Can certainly see that there is high value of copper per ton. and tin.

I also thought the 100 tons before the end of  2020 was a separate contract form the long term contract announced. That was my interpretation. Just to tide them over.  glta
         
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