Argex Titanium Inc. ARGEF

Tech Center

[billr861]

I get what you're saying Astro, but they called it a Tech Center in order to qualify for that 8M of government financing. Once it went to 3000 tons of production it stopped being a Tech Center and became a production unit for profit and they lost the 8M. The whole point of building it to start with was nothing more than to prove continuous run production using the new process would work, and to prove CAPEX and OPEX. The idea of using it as a selling point to potential clients is nice, but a client is going to prefer to go to VIetnam and see the real thing over a small scale mock up if a full size plant is avaiable to be seen.

[footloose]

there wer'e some changes made to pilot plant,this was reported back in april 4/2018,for new investors  Montral, Qubec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) announces that it reached a higher level of optimization of its titanium dioxide pigment production process allowing to further reduce its operational costs and positioning the company very favorably

[moonlight1]

Bill:   Are you sure they give up the grant just because the Tech center produces 3000 tons? I believe they would want it as large as possible but also eligible for the grant and they chose this size for a reason. If you can see the whole process in your backyard in English, no one wants to go halfway around the world to Vietnam and another language etc. Let's get the facts

[billr861]

They made the public announcement about getting the gov grant and said they had 80% of the financing "IN HAND"...directly from Mazen, that's 8M.  Soon after that they announced the larger plant size so I wrote and asked them directly if they still had the 8M and got one of those run around answers not answering the question and I took that to mean, no it's gone. If they

[TITANIUMJOE]

Good points also. Lots of info to chew on. I guess we will see the future as it unravels in the coming weeks, months and years. If you can take anything away from this, it’s that plans can certainly change quickly. Then there is the speculation of a potential buy out by one of the bigger players....who knows...I’m very excited to see what’s in store for us! In the mean time, happily buying more