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Bactech Environmental Corp
BCCEF
Primary Symbol:
C.BAC
Financial Services
Industrials
Banks - Global
BacTech Environmental Corporation is a Canada-based company, which specializes in environmental technology. The Company uses a process called bioleaching to recover metals like gold, silver, cobalt, nickel, and copper, while also safely removing harmful contaminants like arsenic. By using its proprietary method of bioleaching, it can neutralize toxic concentrates and tailings. Its technology utilizes bacteria to extract precious and base metals and has been traditionally used to treat difficult-to-treat sulfide ores and concentrates. It plans to apply bioleaching technology to abatement and reclamation projects to remove the harmful elements such as arsenic and sulfur from the environment. It has identified the Ponce Enriquez area of southern Ecuador as an area where its bioleaching technology can be deployed for environmental processing of locally produced concentrates from mining and tailings reclamation. It continues to evaluate other projects in South America and Central America.
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CSE:BAC - Post by User
Bactech Environmental Corp
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lscfa
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Post by
lscfa
on Jun 09, 2024 9:59am
98 Views
Post# 36079832
MD&A
MD&A
"At current price of gold at US$2300 per oz, anticpated after tax earnings are $17M" -- that's a payback period of 1 year. Get on with the green bond funding.
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