Geomega Resources Inc GOMRF

Primary Symbol: V.GMA

Metals & Mining Industrial Metals & Minerals

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.

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Geomega Resources Inc > The EV tide rises all stocks

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Comment by outonthetileson Feb 12, 2021 9:28am

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Post# 32550746

RE:RE:RE:RE:The EV tide rises all stocks

Cross19 wrote:
Actually, realistically, I'm not expecting production to start before mid-second half of 2021 as the construction of plant has not started yet (which is fine...as long it's in 2021). And to complete my previous answer, It will be a 20% margin from the revenues (which could be higher I guess with the higher HREE prices.

I concur. I say Sept/Oct before they are ready to roll out the magic machine. With a new tech there are bound to be delays.....esp with Covid still hoovering around. No big deal....I've waited 7 years.....what's another 7 months.

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