RE:MG to change EV batteries This article is incredibly deceiving. The demo plant for example, in all my discipussions this is the first I have heard, "The semi-commercial demo plant is already generating cash flow with gross annual revenues of more than $11 million, with an EBITDA of $6.45 million.". You think there would have been a press release for this one as it is very significant news. Also, nothing in the financial reports suggests expenditures to such an effort.
Also, the "gold rejects" or tailings rock pile. The statement, "The permit ready project boasts more than 225,000 metric tons grading at average 2.5 ppm Au, for a total of more than 18,000 ounces of gold, greater than $30 million in value." To my understanding permits are not ready and won't be ready for another year as reclamation plan is not yet defined.
A lot of r3hash from WHYs investor presentation with a lot of liberty of where things are at. Wow, beware!