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Sixth Wave Innovations Inc SIXWF

Sixth Wave Innovations Inc. is a Canada-based nanotechnology company with patented technologies. The Company is focused on the extraction and detection of target substances at the molecular level using specialized molecularly imprinted polymers (MIPs). The Company’s product brands include AMIPs, IXOS and Affinity. The IXOS is a line of extraction polymers formulated for deployment in the gold mining industry. The Affinity system is using its MIPs, which are designed to capture and extract cannabinoids from filtered crude extracts without the use of traditional winterization and distillation. The Company’s patent portfolio covers extensions of the designs for extraction and purification of other critical metals including nickel, cobalt, rare earth elements, and platinum group metals. It also designs, develops and commercializes MIP solutions across a spectrum of industries.


GREY:SIXWF - Post by User

Post by BamBam101on Nov 01, 2022 11:58am
136 Views
Post# 35063346

Thanks for proving my points...

Thanks for proving my points...

...and keeping the stock price low for me. 

There is always an avalanche of negativity after every great news release.

FYI
'In addition to the plant for Penhalonga, Phase 2 activities will include testing, engineering design, and delivery/commissioning of three portable VAT leach adsorption/desorption/recovery plants that are capable of processing 100tpd of ore. The portable plants will be placed in strategic regions of the country to service readily available ore from small and medium sized artisanal miners.  It is estimated that each plant will cost between USD$7.8M and USD$11.5M depending on actual configurations, with currently 3 plants planned.

Completion of the initial implementations will launch Phase 3 to address the testing and optimization of extraction for the transitional and refractory ore present at the mine.  This work has not yet been costed and scheduled.

Sixth Wave will name Magnus as the exclusive distributor for IXOS®-Au in Africa and the countries that comprise the Gulf Cooperation Council (GCC) as per the initial MOU. Term aspects and finalization will not be addressed until completion of Phase 1.

“We are very excited about this collaboration and bringing our advanced technology to the mining industry on the African continent and beyond with Magnus Mineral Resources (PVT) Limited. I have been involved in several mining operations including design and commissioning on the continent and within the GCC.  My prior experience allows the Sixth Wave team to have a foundational understanding of the challenges and requirements so that we can help ensure the success of the Magnus projects” noted Nicol Newton, Vice President, Sixth Wave Mining Division.'

This is the cherry. It isn't the deal with one company at one mine. It is this little nugget and I wish them all the success. 

DD101BB101

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