GREY:SIXWF - Post by User
Comment by
lscfaon Nov 08, 2022 9:41am
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Post# 35081602
RE:RE:RE:RE:RE:RE:Sixth Wave Moves IXOS Technology Forward with $50M+ Contract
RE:RE:RE:RE:RE:RE:Sixth Wave Moves IXOS Technology Forward with $50M+ Contract Capex for IXOS is less than an activated carbon system but is high compared to the $187,000 capex for a cannabis machine. Mgmt never disclosed the capex for IXOS before now, leaving investors in the dark. Now we wonder how in the hell co. will get funds to build $14 million of equipment. Is Magnus going to front them the money or does SIXW have to dilute the hell out of shareholders with a bunch of PPs?
BamBam101 wrote: Not sure where you guys are getting this idea that the CAPEX is high. I am following half a dozen companies trying to essentially do the same thing. The CAPEX is right in the middle of the pack. SIXW tech is also the most scaleable, and versatile in potential target minerals.
Throwaway is absolutely correct in saying not every use case will be a mine. I mean SIXW could filter pharaceuticals out of a sewage plant and sell them back to us pure if we got our OPEX and CAPEX low enough. Keep that stih out of the environment and recycling at its fineeest.
DD101BB101