Post by
Casavantsghost on Dec 13, 2022 4:17pm
Need a
lifeline for this one. Construction on the Elysium Nordic plant was to begin in 2022. No funding via Giraffe as of yet so this thing is really languishing badly. Sad to see a supposed clean tech for a major global issue go untapped... Hard to beleive they cannot sell this tech to an investor to fund a $50 million 30,000 tons per year tire recycling plant built. Hell I think someone might be able to buy the company for half that amount. So it is that situation that makes one wonder if this technology is actually viable as it is purported to be?
Comment by
Casavantsghost on Mar 03, 2023 6:42am
And here we go with another dose of dilution but what choice do they have? Don't forget they voted themselves a 20-1 reverse split option if they deem it necessary. This will make it the 3rd Private Placement to raise money for the syngas retrofit. Really gents? Shapoopy or get off the pot already.
Comment by
Casavantsghost on May 17, 2023 7:39am
You are not alone. I suspect the majority of us are in the same boat.