Post by
Therancher on Apr 19, 2021 8:18pm
Key Points
(1) Read Sasha 1 comments on the Stockhouse ETI side. It hit a few nails on the head.
(2) We don't need the ETI chemistry. Fabrico is.........smarter than Duane !!!
(3) The Ewaste plant will be a faded memory for MWX soon, Thank Heavens !!! Do you honestly think that MWX would ever have seen a nickel of profit out of that venture with DN in control. (4) Honestly there are HUGE ?????? around the commercial viability of that Ewaste plant as it stands. Why do you think no $$$$$ figures were shown in the last release and why do the through put numbers get lower each time they report on it, as well?
(5) With the numbers related to 65% iron @ + $200 a ton, if the first few drill cores at Cehegin show signs of 65% iron content.............hang onto your hat!!!!! ( Maybe that info is irrelevant until the program is "complete") But it would be good information to help to build current investor confidence.
(6) I am assuming that the Davis agreement will be be announced / released when the CC pilot plant is set to move to Tennessee because it won't be moved there until it is completely ready. (Confirmed). This lesson was learned in the Jabil fiasco! I am sure that agreement will need to be rewritten though, because I am sure mold has began to grow on the edges.
GLTYOU
RR
Comment by
BrandNewGuy on Apr 20, 2021 5:31pm
I thought for sure that someone at ETI said that they began operations in the 3rd week of February? Now it seems it was late March and not early enough to have anything show up in this Q's financial statements? I didnt think it takes 5 weeks for their process to work?
Comment by
calerxx on Apr 20, 2021 6:19pm
The Vancouver plant is sounding more and more like a failure. They wanted it to be a demonstration plant for potential clients. Well, the best demonstration you can have is show it operating and producing huge gross outputs, but no, they are being outproduced by backyard scrap collectors who process ewaste in their basement as a part-time hobby. I say this as someone who is invested.