Post by BamBam76on Oct 14, 2024 8:19pm
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Post# 36265708
SEDAR filings
SEDAR filingsFound a couple postings on Sedar. Looks like the company has reduced expenses this year by suspending e-waste operations and focusing on gold mining recovery.
One sentence that stands out is,
"During the three and six months ended June 30, 2024, EnviroMetal conducted amenability and recovery test work on samples received from numerous clients and submitted proposals for initial or additional test work to clients and potential clients."
Setting up or replacing an existing process takes a lot of time to work through the engineering and permitting involved. The question is whether this company will have enough time to wait. Looks like they are essentially out of cash ($40k cash as of 6/30) and looking for additional funding sources, likely through issuing more shares.
Here's a link to Management Discussion & Analysis
https://www.sedarplus.ca/csa-party/records/document.html?id=a106f444c5876eb6233994cb0e96c01c0edacd83d933ccf4a4ac9f0fad363d6d
There is also a financial statement
https://www.sedarplus.ca/csa-party/records/document.html?id=006fd8d666b02c6e92a384b0bf542c8182d27912952d2d47f60a683fa28faeaf
I never seem to get this information from the company. It seems like it would be pretty easy to send out an email when reports are filed on Sedar ... or post it to the website?