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read some comments on Katx on the LLBO board
KATX & KAT Gold DD AS OF January 7, 2011
KAT EXPLORATION’S PRINCIPLE OBJECTIVE:
Quote:
Kat Exploration's principal objective is to locate, stake, prove up and sell mineral properties to major mining companies. It is the Company's objective to take advantage of increased activity to generate numerous joint venture clients, and sales of our existing and yet to be acquired properties.
http://finance.yahoo.com/news/Kat-Exploration-Announces-pz-2721659684.html?x=0&.v=2
Regarding the recent float reduction in the third quarter of 2010:
As per the Third Quarter Disclosure statement posted October 11, 2010, Kat Exploration reduced the float by ANOTHER 41,383,486 shares!
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37338
A quick geology tutorial video series produced by Riverside Resources, covering various sampling techniques, mapping, drilling & drill cores, and lab assays:
http://www.rivres.com/investor-centre/jm-geo-tutorial.html
Geophysics video: http://www.youtube.com/watch?v=f1GeNljM0T8&feature=related
Birdmanbob’s video tour: http://www.youtube.com/watch?v=FeoJuCqr1z8
Important recent news releases:
January 7, 2011: KATX to move to OTCBB, Adds 102 new claims to Rusty Ridge (RR), awaits further assays from RR hole 2, looks to engage new IR firm, provides update on Kat Gold share distribution.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Update-on-Company-Events-1377322.htm
December 23, 2010: KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge (RR). Announces partial results for RR hole 2 – elevated levels of REEs.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Drills-Rare-Earth-Elements-REEs-at-Rusty-Ridge-1373395.htm
October 13, 2010: Drilling Initiated on Rusty Ridge Property with Potential Iron Oxide-Copper-Uranium-Gold-Silver-Rare Earth Deposits
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=27
KAT Exploration, Inc. to Commence Drilling on Rusty Ridge Iron Oxide Copper Gold Property the week of October 11, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Commence-Drilling-on-Rusty-Ridge-Iron-Oxide-Copper-Gold-Property-1330693.htm
KAT Exploration Inc. to Drill Test IOCG Targets at Rusty Ridge (permits in, tenders called for)
http://www.marketwire.com/press-release/KAT-Exploration-Inc-to-Drill-Test-IOCG-Targets-at-Rusty-Ridge-1312722.htm
JEAP APROVAL
Kat Exploration Inc. would like to inform it shareholders that the company was approved for the “Junior Exploration Assistance Program”(JEAP) of $100,000.00 toward its phase one expenses on the Handcamp property. JEAP is a Government funding program whereby junior mining companies are awarded a maximum of $100,000/genuine drill program in which the project cost will exceed that amount.
http://katexploration.com/index.php?option=com_blog&view=comments&pid=17
HANDCAMP DRILL RESULTS FOR PHASE I
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Bella-Viaggio-Inc-Handcamp-Drilling-Intersects-Very-Encouraging-1309659.htm
KATX files paperwork to issue unrestricted shares
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Updates-on-1-to-4-OTCBB-Shares-Distribution-of-BVIGOB-1308380.htm
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and KATX expands Handcamp property AGAIN with 77 additional claims
July 29, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Welcome-Senior-Vice-President-Capital-Projects-Board-1297501.htm
KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project (all drill holes thus far intersect mineralization)
July 22, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-Investors-on-Its-Handcamp-Drill-Project-1294326.htm
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the "Cabot" Copper/Gold Properties (Lots of copper and VISIBLE GOLD)
Jul 19, 2010 09:54 ET
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Cabot-Copper-Gold-Properties-1292069.htm
KAT Exploration and Bella Viaggio, Inc. Commence Drilling on Handcamp Gold Property
Jul 06, 2010 10:01 ET
http://www.marketwire.com/press-release/KAT-Exploration-and-Bella-Viaggio-Inc-Commence-Drilling-on-Handcamp-Gold-Property-1285962.htm
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project
Jun 29, 2010 13:35 ET
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-on-Handcamp-Geophysics-Drill-Project-1283494.htm
KAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property
Jun 16, 2010 09:50 ET
http://www.marketwire.com/press-release/KAT-Exploration-Initiates-Drilling-Program-on-Rusty-Ridge-IOCG-Property-1277037.htm
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Jun 11, 2010 10:00 ET
http://www.marketwire.com/press-release/KAT-Exploration-Signs-Three-Year-Option-Agreement-Contract-With-Vale-1274884.htm
Be on the lookout for new filings:
DD Machine: http://www.ddmachine.com/
KAT Exploration Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=J8szY3FcAPHkNelvFsm4DA%253d%253d
KAT Gold Holdings Corp. Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d
Search for new filings on the SEC EDGAR system:
http://www.sec.gov/edgar/searchedgar/webusers.htm
KATX OTC filings:
http://www.otcmarkets.com/stock/KATX/financials
BVIG OTC filings:
http://www.otcmarkets.com/stock/BVIG/financials
Future Company Structure:
Initially, Kat Exploration (Pink:KATX) was to become two OTCBB companies, Kat Copper Holdings. (OTCBB:KATC) and Kat Gold Holdings (OTCBB:KATG). Kat Gold will become the parent company for Kat Copper, a subsidiary.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Distributes-1-4-OTCBB-Shares-BVIGOB-Provides-Update-on-Handcamp-1272825.htm
KATX shareholders as of record date July 16, 2010, are to get 1 share of Kat Gold per every share of KATX held on that date. Kat Gold Holdings has been purchased, but for the time being retains the ticker (OTCBB:BVIG) which belonged to the original company purchased. It may be changed to KATG in the future. I imagine Kat Exploration’s ticker (KATX) and name will be changed to Kat Copper (KATC) following the move to the OTCBB.
KATX properties: Rusty, North and South Lucky, Clifton, Colliers, Shaylee, Cabot, Twilite etc.
KAT Gold properties: Handcamp (Twilite may go to Kat Gold as they acquire the means to complete the purchase).
The company initially published a draft flow chart (below), but has since stated, it will make adjustments/changes.
Company Structure Flow Chart:
http://www.katexploration.com/Graphics/KATX-KATG%20Structure.pdf
Quote:
COMPANY FLOW CHART INQUIRES
In response to a number who have been inquiring as to how the flow chart on our website is structured, please be advised that we have been aware of some needed adjustments or tweaking for some time now and those adjustments will be made public in the very near future. Questions on the ‘Wholly Owned’ portion will be answered as mentioned in the near future as well. We wish to thank you for your patience and please continue to monitor this site and other news outlets for more information and updates on this and other company activities.
http://katexploration.com/index.php?option=com_blog&view=comments&pid=15&Itemid=0
One January 7, 2011, Kat Exploration announced:
Quote:
While much speculation has been raised as to why the delay in BVIG share distribution, the company wishes to assure its shareholders that we and our attorneys are working through the SEC rules and regulations in order to comply with all required filings. We realize that while many have been anxiously waiting for the distribution to take place, we ask for continued patience as the process for this procedure moves forward. We will inform shareholders when the distribution filing is approved by all regulatory institutions.
The company is also in the initial stages of filing a 15c211 in order to move Kat Exploration Inc from the Pink Sheets listing to that of the OTCBB. As progress moves forward with these filings further updates will be made available to shareholders and public.
The company is also in the process of engaging a full service Investor Relations firm to assist in its communication with shareholders and public alike.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Update-on-Company-Events-1377350.htm
Kat Gold Holdings (OTCBB: BVIG) share distribution info
Quote:
KATX Blog Update: Regarding the BVIG ¼ share distribution.
It has been brought to our attention that some unfounded rumor has been circulating with regards to the BVIG share distribution. The rumor that the distribution is on hold for an indefinite period of time is unfounded and therefore not true. About one month ago KATX had received 65m shares from BVIG which was a portion of the 161m shares for the Handcamp. At that time the authorized was just 70m shares for BVIG and therefore had to wait until we received approval for the increased authorized to take effect in order for BVIG to issue the remaining 96m to KATX. The authorized has now been approved and Monday 13th Sept our attorneys submitted supporting documents to the TA for the issuance of the remaining 96m to KATX. Upon receiving those remaining shares, KATX will then proceed with returning both shares certificates of 65m and the 96m back to the TA for Book Entry and the 1-4 distribution will take place. We appreciate the patience of all recipients of the 1-4 stock.
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=16
Quote:
Per the December 22, 2010 Kat Gold (OTCBB:BVIG) 8-K:
On June 4, 2010, pursuant to a purchase agreement (the “ Agreement ”) dated as of May 28, 2010 by and between BVIG and Kat Exploration Inc., a company organized under the laws of Nevada (the “ KATX”), BVIG acquired (the “ Acquisition ”) 100% of the mineral rights that KATX then held in and to “Handcamp,” a gold property located in the Province of Newfoundland and Labrador, Canada (the “ Property ”) from KATX in exchange for 161,000,000 (the “ Handcamp Shares ”) shares of its Common Stock. BVIG issued 65,000,000 Handcamp Shares to KATX on June 4, 2010; the remaining 96,000,000 Handcamp Shares were issued on September 14, 2010.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7621865
The delivery of all 161 million Kat Gold (BVIG) shares to KATX were confirmed per the Kat Gold SC 13D filed December 22, 2010:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7621698
What is the relationship between KATX and Handcamp?
How would KATX benefit from positive results on the Handcamp?
Here’s the plan: KATX explores Handcamp, gets great results, signs a JV or sells the property, and brings in money for BVIG/KATG, who in turn funds KATX (as their parent company), in order to do a very large drill program on the Cabot property(Copper/Gold), the Rusty Ridge(REE plus gold potential) and exploration on other properties...which in turn brings in more money to Kat Gold...and more money to fund KATX (and so on).
Now, let's take a look at the properties. I’ve “borrowed” from various sources and tried my best to cite each source. My thanks goes out to all the DD hounds in the KATX board.
List of current KATX & KATG claims:
does not include new Handcamp claims as of July 27, 2010
Thanks Rick-UK!
You can research these claims by going to this website and changing the various “layers” (ie. mineral rights, geophysics, geochemistry, etc.) : http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
You might try zooming in to get a closer look at the area highlighted in the red box below. You should be able to find all of our properties there. You can use the tools on the left and right-hand side to do a little research. You can also select claims and query the database for those claims.
HERE’S AN EDUCATIONAL ARTICLE ON WHAT ARE “GOOD” ASSAY RESULTS?
http://www.miningbasics.com/why-wait-drill-results-junior-mining-company
HOW TO READ AND CONVERT RESULTS TO UNDERSTANDABLE UNITS
ABOUT THE KATG PROPERTIES
SPEAKING OF THE HANDCAMP GOLD PROPERTY
High grade – Gold, Copper, Zinc , Lead & Silver.
Quote:
KAT Exploration, Inc. and Bella Viaggio, Inc. Handcamp Drilling Intersects Very Encouraging Gold Mineralization at Shallow Depths
KAT Exploration, Inc. (PINKSHEETS: KATX) and Bella Viaggio, Inc. (OTCBB: BVIG) are pleased to announce that the drilling program at their Handcamp Project intersected very encouraging gold mineralization at shallow depths. Diamond drill hole DDH 004 intersected 6.3 g/t (0.18 oz./ton) gold and 111.6 g/t (3.3 oz./ton) silver over 1.9 m (1.4 m estimated true width) including 10.8 g/t (0.32 oz./ton) gold and 222.4 g/t (6.5 oz./ton) silver over 0.9 m (0.7 m estimated true width) within a wider interval grading 3.1 g/t gold and 42.6 g/t silver over 5.9 m (4.4 m estimated true width).
Diamond drill hole DDH 012 intersected 5.5 g/t (0.16 oz./ton) gold over 1.8 m (1.4 m estimated true width) within a wider interval grading 3.5 g/t gold (0.10 oz./ton) over 3.5 m (2.6 m estimated true width). Both intersections occur within an even broader mineralized zone defined by elevated gold that includes 1.2 g/t gold over 20.9 m (15.6 m estimated true width) in DDH 004 and 1.0 g/t gold over 17.8 m (13.3 m estimated true width). Three other holes (DDH-002, 003 and 005) also intersected strong gold mineralization over wide widths as shown in the summary table. The gold is typically accompanied by elevated silver, lead and zinc.
Results of the current exploration program indicate that the mineralized zone at Handcamp is outlined well by induced polarization geophysics. The current drilling program tested the mineralized zone for approximately 0.9 km along strike (trend) at 250m to 300m spaced intervals and to a maximum vertical depth of 200 m. DDH 012 is the southwestern most drill hole of the current program and is approximately 600m southwest of the main Handcamp showing. During the second phase of exploration, the mineralization in DDH 012 will be tested to depth and along strike to the northeast and southwest where the IP anomaly has been traced a further 500 m and remains open. Two other induced polarization anomalies subparallel to that delineating the Handcamp mineralized zone remain to be tested by diamond drilling. One, about 350 m to the northwest, has been traced for 1.2 km and remains open and the second is about 900m to the northwest, and has been traced for 700 m and remains open. The two anomalies are viable targets for testing in the second phase of exploration.
Trenching completed at four locations north and south of the Main Hand Camp prospect exposed disseminated sulphide mineralization in altered volcanic rock that contains anomalous gold, silver, lead and zinc concentrations over an approximate strike length of 600 m and over widths of up to 20 m in trenched rock exposures.
Ken Stead, President CEO, states, "The first phase of exploration, which included induced polarization geophysics, trenching and 1640m of diamond drilling in 12 drill holes, has now been completed on the Hand Camp Property. A second phase starting this fall is in planning and will include additional line cutting, induced polarization geophysics and diamond drilling. With data collected so far and the very encouraging results from this first phase, the company feels that this project warrants a full scale exploration program to determine the true significance of the deposit. With just four areas drilled at such wide intervals within such a large structure and the fact that we intersected gold in all 12 drill holes, we feel there is high potential for further encouraging results within this mineralized structure. Also the number of targets yet remaining to be tested outside this determined structure lends itself to a high degree of optimism that this project will be of great value to the company."
Geochemical analyses and assay data consistently and routinely return anomalous gold, silver, lead, zinc and copper values over considerable widths. As an added bonus the distribution of these elements is uniform in comparison to many gold deposits that are subject to the nugget effect enhancing the potential for the delineation of economic concentrations of polymetallic mineralization.
The Company's exploration work on the Handcamp Project is supervised by J. Wayne Pickett, M.Sc. P.Geo., a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador and a Qualified Person as defined in NI 43-101. Mr. Pickett has verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Bella-Viaggio-Inc-Handcamp-Drilling-Intersects-Very-Encouraging-1309659.htm
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
You can read the interpretation of Handcamp Phase I results here (scroll down):
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=14
Quote:
Phase I Exploration Expenditures
Details of expenditures related to Phase I exploration aggregating approximately $392,000 are presented in Table II .
Phase II
The objectives of the next phase of exploration are: to test for further extension of mineralization related to the Handcamp mineralized zone; to drill test other targets already identified in the area; and potentially identify new ones as a result of geophysical, geological and geochemical surveys to be carried out on extensions of the existing grid. As part of Phase 2, a program has already been initiated to include 73km of line-cutting (completed), to be followed up by soil sampling, geological mapping, prospecting, IP surveys and diamond drilling (See “ Figure 4 ”). Soil sampling is to be completed on the extended grid in an effort to locate exploration targets for follow-up exploration. An IP survey will be completed as a priority along with follow-up prospecting and geological mapping on targets identified by the geophysical and geochemical surveys. Further trenching may be required in local areas to facilitate mapping. An enhanced drilling program (3,000m) is also planned that will include testing mineralization to the south where it appears to improve, as well as other targets identified from results of the geophysical and geochemical surveys already completed. It will also include holes to the north and west contingent on additional targets that may be identified by the induced polarization and soil geochemical surveys.
Further exploration beyond Phase II is contingent upon positive results from that phase. If warranted, a multi-phase exploration program will be carried out with the initiation of each new phase contingent on positive results from the previous phase. Continued positive results from the multi-phase exploration program would lead ultimately to a third party pre-feasibility study and production decision.
A total expenditure of $10M is anticipated to be required to implement all of the phases, with approximately $6.5M required in order to implement the next two phases of delineation drilling contingent on the success of Phase II exploration. Should any of the exploration phases prove unsuccessful at the Property, any financing raised for the execution of the work could be redirected to other projects under the direction of the Company. A budget outlining estimated costs for Phases 2 and 3 is presented below as Table III .
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
Handcamp Phase-II drilling grid displayed below:
Quote:
Based upon the Company’s [Kat Gold Holdings Corp.] present cash position, it will need to raise additional capital prior to December 31, 2010 in order to fund further exploration and acquisitions. The Company is in discussions with prospective investors to provide additional funding in exchange for equity. In order to finance further exploration and acquisitions, the Company will need to raise a minimum of $2.5 million…There are at present no specific plans to acquire properties from KATX.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and expands Handcamp by another 77 claims
Quote:
Jul 29, 2010 10:25 ET
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of DirectorsMOUNT PEARL, NEWFOUNDLAND--(Marketwire - July 29, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) (www.KATexploration.com) and Bella Viaggio, Inc. (OTCBB: BVIG) are very pleased to announce that J. Wayne Pickett has agreed to join the companies as a director and "Senior Vice President of Capital Projects." Mr. Ken Stead, CEO, commented that "on behalf of the board of directors, we are delighted to have someone with this caliber of a geological background to oversee all the company's projects as we move forward ever so rapidly." All present and future geologists along with field crews will work under the direction of Mr. Pickett.
Please check the link for Mr. Pickett's resume.
http://www.katexploration.com/PressReleases/Wayne%20%20Pickett%20Resume%202010.pdf
Also, on June 26th, 2010, 77 new claims were staked around the most Northern claims of the Handcamp property as more new discoveries have been found. This latest discovery is approximately 2 kms to the North of the main Handcamp showing and appears to be an extension of the latest north western anomalies recently discovered through Induced Polarization (IP). This mineralized zone contains very impressive massive sulfides and samples have been sent to the lab for gold and base metal analysis. No drilling or trenching has taken place in those new areas thus far but will be part of another drill phase as we continue to move the project forward.
See attached pictures.
Nine drill holes have been completed to date with all holes intersecting mineralization. Hole #7 tested the mineralized structure at 180 meters (612ft) down section and intersected mineralization over a width of 30 meters. This is extremely encouraging as we now know that, not only does the strike length of the mineralized structure continue for at least a minimum of 1400 meters and open at both ends, it has a minimum depth of 180 meters and also open at depth. With new mineralized structures being discovered to the west and far north, this increases the potential of the property significantly.
Results are beginning to be received from the lab and Jim Weick along with Wayne Pickett will begin the compilation of these results which will be published in an upcoming press release.
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Welcome-Senior-Vice-President-Capital-Projects-Board-1297501.htm
Quote:
KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project
MOUNT PEARL, NEWFOUNDLAND--(Marketwire - July 22, 2010) - KAT Exploration, Inc. (PINKSHEETS: KATX) and Bella Viaggio, Inc. (OTCBB: BVIG) are very happy to inform shareholders of the ongoing first phase drill program on its Handcamp high grade Gold property.
To date six (6) holes have been completed with the seventh in progress. All six holes have intersected the mineralized zone as outline in soil sampling, Induced Polarization(IP) and trenching. The purpose of the holes was to test mineralization near surface and at depth.
All holes have been drilled at an azimuth of 110 degrees perpendicular to the northeast strike of the 1.4 km structural zone that hosts Hand Camp mineralization.
As the first two drill holes, DDH-001 and DDH-002 were located on the same setup on line 2+00 South approximately 50m west of the Main Trench Showing (Trench #1).
DDH-001 drilled at a dip of-45 degrees intersected mineralization from 68.0m to 79.0m for a total width of 11.0m (37.4ft).
DDH 002 completed at a dip of-65 degrees intersected mineralization from 93.0m to 102.5m a total width of 9.5m(32.3ft).
As the third drill hole, DDH-003 was drilled at a dip of-45 degrees on line with DDH-001 and 002, approximately 25m from the Main Trench as a check on the consistency of mineralization from surface to DDH-001 and 002. It intersected mineralization from 36.0m to 49.0m over a total width of 11.0m(37.4ft).
The fourth and fifth holes DDH-004 and DDH-005 were completed on the same setup approximately 200m north of drill line DDH-001, 002 and 003 approximately 25m west from the Main Hand Camp showing.
DDH-004 completed at a dip angle of-45 degrees intersected mineralization from 29.1m to 45m over a width of 18.9m(64.3ft).
DDH-005 drilled from the same setup at an angle of-65 degrees intersected mineralization from 39.4 to 82.6 a total width of 43.2m(146.9ft).
A sixth hole, DDH-006 recently completed at a dip angle of-45 degrees, 50m west of DDH-004 and DDH-005 intersected mineralization from 118m to 151m a total width of 33m(112.2ft) at a vertical depth of approximately 100m(340ft).
The seventh hole, DDH-007being drilled from the same setup at a dip angle of-65 has been designed to test for the continuation of this mineralization down dip at a vertical depth of approximately 120m (408ft)... at a greater vertical depth than all previous drilling.
Zone #1 where the first 3 drill holes took place still show that mineralization continues at depth and will require deeper testing to determine the true depth of this area of the structure.
Zone # 2, 200m north of zone #1, where the latest 3 drill holes took place, showed even greater width at greater depths and is now being tested by DDH-007 to see if the mineralization continues.
President/CEO Ken Stead commented "We are very pleased and excited with the drill program thus far and we look forward to the lab results determining the gold and base metal contents. One would have to understand the significances of these drills holes hitting mineralization at such depths and width, with already known gold showings on surface above the drilled areas. And taking into consideration the amount of mineralization discovered along with the limited amount of drilling in comparison to the known depth and 1400m strike length of the mineralized structure, lends itself to huge potential for the Handcamp property.
Mr. Stead further states, "Samples from most of the holes drilled thus far have been logged and sent to the lab with a request to expedite analytical results. We will let our shareholders and investment community know as soon as we have the results from the lab."
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-Investors-on-Its-Handcamp-Drill-Project-1294326.htm
FANTASTIC NEWS. Now we've hired another geologist/ geophysicist! Looks like Handcamp is going to be bigger than originally expected.
Quote:
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project
MOUNT PEARL, NL--(Marketwire - June 29, 2010) -
...Due to the latest discoveries of several new very strong IP targets the company has decided to engage the services of another geologist and geophysicist to work along with Mr. R. James Weick on laying out a very constructive drill program. These discoveries have created a much bigger work load and latest trenching has uncovered extensive amounts of sulphides over a strike length of 700 meters.
Some of the bigger targets extend west of the grid and south of where the geophysics ended. Therefore, the company has decided to extend the latest geophysics in both of these areas as it was recommended by the geophysicist who did the interpretation of the first round of geophysics.
Ken Stead, President and CEO, stated, "The more work we do, the more new discoveries are being found, all of which causes us to take a serious look at other areas of the property too… it has been requested that the contractor leave his excavator on site because we feel very strongly that after the extended geophysics are completed there will be many other areas that will need trenching and quite possibly drilling."
Shareholders will be informed immediately upon the first turning of the dri
KATX~ Handcamp "Felsic" VMS deposit ~ Highest Grade Gold Property by (United States Geological Survey)
Handcamp- From Canadian Govt Natural Resources Website
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-gold/handcamp.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46116739
Importance of Volcanic-associated massive sulphide (VMS)- An Overview
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45532143
Handcamp is KATX's/KATG's flagship property. The "Handcamp" is located approximately 33km north of Badger, central Newfoundland and 10km northeast of the old abandoned "Gullbridge" copper mine. Abandoned logging roads run through the property allowing for excellent accessibility and mobility of heavy equipment.
What makes this property so special isn't the fact that it's a gold property, but the type of gold property that it is. Handcamp is a very special and unique type of gold deposit known as a "Volcanogenic massive sulfide" (VMS) deposit. Making this property even more special is the fact that this isn't just any type of "VMS" deposit, but it's a "Felsic" VMS deposit. World wide there is only something like 800 of these VMS deposits. They are known for their high tonnage, high quality gold deposits. Of these VMS, the best quality, highest producing gold deposits are the "Felsic" VMS deposits. Right now,out of the 40 VMS deposit sites in Newfoundland, KATX's Handcamp site is rated the highest gold grade with a 13.4 rating. It is the highest grade VMS gold site in all of Newfoundland according to the USGS.
Superimposed on the volcanogenic sulphide mineralization is epigenetic disseminated gold mineralization. The best sulphide mineralization is associated with sericite schist with veinlets and dissemination having been traced over a strike length of 1200m.
44 line kms of grid work was cut at 100m spacings east and west of a 2km baseline on the Handcamp property by Dennis Rowsell and company. 1700 soil samples were collected along the grid at 25m spacings of which 150 samples were assayed for gold and base metals displaying excellent results. The central core of the grid was prospected by foot leaving much more to be done in 2010. Rock samples were collected over the prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. along with excellent Zn, CU, Ag numbers (massive to semi-massive sulphides).
http://en.wikipedia.org/wiki/Volcanogenic_massive_sulfide_ore_deposit
Special thank's to many here :)
KAT Exploration, Inc. is an exploration company. The Company is engaged in the exploration and development of mineral properties throughout Newfoundland and Labrador. The Company is focused on sediment-hosted strati form copper deposits in the eastern portion of Newfoundland. The Company's properties include Rusty Ridge Property, Colliers Property, Deer Harbour Copper Property, Hodderville Copper Property, Red Hill Mines, Hancock Gold Mine, Handcamp Gold Property, South Lucky Copper and Shaylee. Rusty Ridge property is the Company's wholly owned iron oxide-copper-gold (IOCG) potential. The Rusty Ridge property is approximately 2,100 hectares in size and is situated on Crown land, NTS Map Sheets 02C/05 and 02D/08, in proximity to the community of Bunyan's Cove, Bonavista Peninsula. The Collier's River Property consists of 20 claims located in the Northeastern Avalon Peninsula of Newfoundland, adjacent to the town of Conception Harbour.
There is very little news...
Who owns Handicamp?
What happened to the shares in BVIG?
https://www.goldnfuturesmineralcorp.com/release/goldn-futures-to-acquire-signficant-gold-silver-property-in-the-renowned-buchans-roberts-arm-volcanic-belt-central-newfoundland
New players,but this is what Saroj said he did. Maybe there is a roadmap? Should be some money somewhere, wait for it to go public again...but who knows...
Saroj Sahu
Energy Technologist
Chief Operating Officer
Company NameXNRGI
Dates EmployedJan 2020 – Feb 2021
Employment Duration1 yr 2 mos
LocationSan Jose, CA
- Set up a 240 MWh/yr world-class pack & BMS manufacturing plant in India.
- Set up a customized battery production line in China using my own chemistry.
- Manage day-to-day operations of battery and systems manufacturing.
- Develop next generation battery, BMS and Charger technologies.
- Guide functional safety (regulatory UL/CE/ICAT/BIS) process and DFMEA for certification.
- Field deployment, post-sales management, quality management.
- PLC and Product roadmap; Revenue ramp.
XNGRI updated media
https://xnrgi.com/media/240-mwh-grugaon-plant-india/
Website updates hopefully positive change..
XNRGI Renewables & Environment Bothell, wa
From Linkedln
Visit website
See all 18 employees on LinkedIn
Roger Spillmann
CEO/CFO at Clear Path Technologies Inc.
Advisor, Finance, Legal, Operations, Contracts, Bus. Strategy
Company NameXNRGI, Inc.
Dates EmployedFeb 2015 – Present
Employment Duration5 yrs 5 mos
LocationSeattle, Washington, United States
Advisor on capital funding, licensing, corporate strategy, business development and distribution channel development for pioneering battery and fuel cell developer.
Customer develops power solutions and battery systems for the clean energy, security and defense, utility, automotive, and portable electronic device.
Vivek Pratap
Vivek has a account
Assistant Manager SCM at XNRGI
Agra, Uttar Pradesh, India
Mintu Garg
Mintu has a account
AGM Operations at XNRGI
Gurgaon, Haryana, India
Pramod Shukla
Pramod has a account
Engineering Fellow at XNRGI, WA, USA
Gurgaon, India
Vice President Bussiness Development & Engineering Fellow
Company NameXNRGI, Inc.
Dates EmployedMar 2012 – Present
Employment Duration8 yrs 4 mos
LocationXNRGI, Inc. , BOTHEL, WA, USA
Working for business development in India, South Africa & Russia for XNRGI, USA a research & development company for Battery & Fuel Cell development.
Also as Engineering Fellow providing guidance in development to XNRGI a company with more than dozen US patent in DMFC technology.
Alhassan Danaa Alhassan
Alhassan Danaa
Research Analyst at XNRGI
Wilsonville, Oregon
• Design and characterization of a novel 3D, high surface area lithium metal battery
• Overcoming bottlenecks of lithium metal batteries like safety issues, low cycle life and low active mass
• Scalability of battery prototypes and performance
• Battery performance testing-Electrochemical Impedance Spectroscopy(EIS), cyclic voltammetry, chronoamperometry, etc.
• Battery development and mass production of batteries in Africa
• Lithium mining operations for use as a raw material for battery projects
• Semiconductor processing and wafer inspection
https://www.energystartups.org/top/battery/. New number 35
New video
As of the 6/24 update on Zoom there were 19 One was a high level battery guy for Appple
XNRGI TDX systems (from the website)
Telecom Energy Storage System TDX
Reduce Fuel Consumption by more than 50%
TDX is available as a standard 5kWh system at 48V.
Up to 5 of them can be paralleled to make a 25kWh system for larger Telecom systems.
XNRGI TDX systems are warrantied in field for 3-5 years.
Xnrgi TDX is made out of proprietary High Temperature Lithium cells that are well-suited for hot tropical climates.
Xnrgi Battery Management Systems (BMS) are a generation ahead of commercial BMS’s: Battery Health Management and Remote Telemetry are included.
Xnrgi TDX charges fast, within 2 hours, and can operate at up to 55 deg C ambient.
Applications
• 3G, 4G, 5G Backup
• All-night non-DG support for BTS installations.
• Silent Sites. Roof-top & Tower-top Wireless BTS Installations.
• Data Centers, Telephone Exchanges, UPS
• Cloud computing servers.
• Solar/Wind Energy Storage.
• Mobility, Richshaws, Scooters, e-Bikes, e-Boats
Advantages
• Light-weight – deploy in any location – indoor or outdoor.
• Minimal maintenance. Remote Surveillance through warranty.
• Multiple systems in parallel - Multi-BTS scalability.
• Highly Modular – Pay as you go from 5kW to 25kW loads.
• Long Life – total maintenance by manufacturer.
• Fast Deployment. Install & commission in less than 30 minutes.
• High Volume, short lead time capability.
First Provider of Li Battery in India Telecom
Field Trials
We have engaged many infrastructure customers during 2013- 2016. Some of them are shown here.
Example Site Installation : Roof Top Outdoor near Delhi
Example Site Installation: Rooftop Indoor Kohima
Replacing Lead-Acid with Xnrgi TDX
Existing Configuration XNRGI TDX Configuration
Case Study for Diesel Saving for a non-EB site
With Lead-Acid backup : DG Running = 16 Hrs/day; 30 Lit/day
With XNRGI TDX backup : DG Running = 4 Hrs/day; 7 Lit/day
E X P O N E N T I A L ENERGY
Maximum Charging Power 5
4 kWHr
kW (guaranteed> 4 kWHr in lifetime)
Average Discharge Power 1.25 kW (typical modern BTS powerconsumption)
Peak Dischg Power 4 kW
Time to Charge Fully <2 hours
Temperature of Operation -10to -+45 deg C (-20to +55 available as an option)
RoundTri p Efficiency >90 %
Charging Voltage/Current 55 V
Discharging Voltage 55-44 V
End Charge Logic V > 54 "AND" A< 5 Battery self disconnects, PIU/AMF should turn off DG.
End Discharge Logic
Battery self disconnects, PIU/AMF should turn on DG.
Communication GSM SMS/ GPRS To XNRGI only. Summary provided to customer.
Maintenance Frequency NONE Maintenance Free. No user Serviceable Parts
Warranty 3 years (Extended Warranty of 5 years Optional)
Design Life 10 years (under overhauI maintenance contract)
Weight 45 kg
Dimensions 3 (H) x 1.5 (W) x 1.5 (D) feet
Power(+/-) Terminal rating 200A 140A is application max. Anderson Powermate type.
Opening Louvres NONE System not serviceable by customer.
Fuse/mosfet/dc relay, current sensor All internaI to system Not serviceable bycustomer.
Single Cell Data & Chg/Dis curves Proprietary XNRGI trade secret.
BMS Protocol Proprietary BMS programming not available to customer.
Zoominfo is showing 19 employees vs the 16 on Linkedin... note one of the new employees....very interesting that it no longer says Apple....
https://www.zoominfo.com/c/xnrgi/452803323
Website:
xnrgi.com
Employees:
19
Revenue:
3.8M
Saroj Sahu
Email Direct
-
United States
,
Washington
,
Bothell
6/21/2019
01/28/16 - 20160028273 - Method and system for simultaneously charging an energy storage device from multiple energy input devices
A system for simultaneously charging an energy storage device from multiple energy input devices includes energy input devices in the form of solar and non-solar modules and an energy storage device in the form of a rechargeable battery, which is part of an energy storage module. A first solar module...
Inventors: Derek Reiman, Chris D'couto, Saroj Sahu (Neah Power Systems, Inc.)
Sounds low to me... We could have easily hit a $1.00 per share before the charade of going dark. Investors or new partners should have had to purchase shares at that price or above if the news and progress on the batteries would have been disclosed as required. That would have made this a billion dollar company....this is a trillion dollar company thinking along the lines of ...IT of things and battery supplier to all of them...
http://eclipse.vc/uncategorized/ex-ceos-flex-motorola-mobility-joining-eclipse/
Electric Vehicles, Infrastructure, and the Battery: Change is Happening…Fast! – PART II
The grand opening of the expanded battery R&D CAMP Facility at the US Department of Energy’s Argonne National Laboratory is celebrated Sept. 11. From Left: Argonne Laboratory Director Paul Kearns, Division Director Cynthia Jenks, Vehicle Transportation Office Director Michael Berube, VTO Deputy Director Dave Howell, and CAMP manager and group leader Andrew Jansen. VTO and Argonne funded the facility, which is used by industry, academia and national laboratories across the US.
Electric Vehicles, Infrastructure, and the Battery: Change is Happening…Fast! – PART II
Wednesday, August 7 | 2:45 – 4:00 PM
Companies are focused on delivering electric vehicles for the mass market, yet much uncertainty remains. This session will examine the technology, business models and market drivers that may enable consumer acceptance of vehicle electrification.
Speakers:
Michael Berube
Acting Deputy Assistant Secretary for Transportation, Office of Energy Efficiency and Renewable Energy | U.S Department of Energy
Mary Gustanski
Senior Vice President and Chief Technology Officer | Delphi Technologies
Robert A. Kruse, Jr.
Chief Technology Officer | Karma Automotive
Strategic Advisory Board XNRGI
Robert Kruse Jr.
Mr. Kruse is a battery and energy storage subject matter expert. Mr. Kruse is currently Chief Technology Officer Battery Operations at Karma Automotive and was previously CTO for Qoros Automotive in Shanghai China. Previously, Kruse lead the operation development for Sakti3 Inc. as Chief Operating Officer and Board Member. Sakti3 is commercializing solid-state battery technology simultaneously targeted at electric vehicles and consumer electronics and was ultimately acquired by Dyson. In 2010 he was appointed to the National Academy of Science Sub Committee on advanced battery technology. Prior to 2010 he had a long tenure at General Motors Corporation, Michigan and held many leadership roles including hybrid, electric vehicles & advanced technology batteries.
Mr. Paul Sidlo is a ten time Emmy winner and the Chief Strategy Officer for XNRGI, Inc. The company has recently developed a Lithium metal battery using the Silicon Chip and it is 6X more powerful than the current lithium battery in the market. In addition, XNRGI’s battery system has been proven to be more safe, cost effective, and long lasting than any other battery system. This company will completely revolutionize the future of the electronics industry and bring the humanity to a whole new level of consciousness. May God bless him with the success!
The Big 5 Exhibition
Published on Nov 27, 2018
Subscribe 840
Hear what XNRGI has to say about their participation at The Big 5 2018.
Click here to find out how you can be a part of the event - https://www.thebig5.ae/ytex
Anthony Rawlinson
Investment and fund management professional in public and private companies
3mo
https://www.linkedin.com/in/anthony-rawlinson-0b618926/detail/recent-activity
Watch how XNRGI Inc can address grid scale battery storage - enable electric vehicles to go say London to Monte Carlo on one Charge - and safely, and help governments realistically achieve targets earlier to reduce global warming.
XNRGI Exponential Energy XF
XNRGI Exponential Energy XF
youtube.com
Anthony Rawlinson 4 mos. ago
Investment and fund management professional in public and private companies
EVs : it’s all about RANGE & SAFETY!
XNRGI’s Lithium Metal silicon semiconductor battery has propensity for the driver to go
600++ miles on one charge. That means London to Milan / Monte Carlo and driver freedom. This should accelerate adoption of EVs, and also be far safer than existing alternatives.
Can’t wait!!!
Anthony Rawlinson, Chairman of the Board of Directors
Mr. Rawlinson has had a 40 year career in fund management, working for top financial institutions including Chemical Bank (now JP Morgan) and Citibank. He was previously founder and managing director (1996-2016) of Singapore based, The Global Value Investment Portfolio Management Pte Ltd, managing up to US$1.5 billion as an accredited international equity fund management professional. He has strong experience on boards of both listed and unlisted technology companies in the US, UK, and Australia.
Anthony Rawlinson
Anthony has a account
Investment and fund management professional in public and private companies
Global equity fund manager, with private equity experience now focused on helping technology companies grow. Extensive experience in capital markets. Skilled in equity research, business planning, investor relations, banking, and venture capital. Strong global network and experienced board member in public and private companie
Chairman
Company Name
Enova Systems Inc
Dates Employed
Jun 1999 – Jul 2008
Employment Duration
9 yrs 2 mos
Location
Torrance
Lead investor in turnaround. Helped business development with successful introductions to KL Monorail and Smith Electric vehicles - largest EV manufacturer at the time. Cajoled our very talented top engineers to look at PEM fuel cells for electric vehicles which resulted in Enova developing new technology and winning the Michelin Challenge Bibendum Gold Medal Award for our client Hyundai Motor in 2004. HHI was a shareholder and contract manufacturer having licensed them electric drive system technology in the 1990s. Enova developed the Ford Think car drive system to QS 9000 standards, a program subsequently cancelled by Ford.PEM fuel cell vehicles are they way to go as the hydrogen infrastructure will (soon) be resolved. See less
Jha is likely still on the payroll
https://www.businessinsider.com/saudi-arabia-crown-prince-visits-apple-google-2018-4
Which companies got one of 600 samples surely, Google, Apple, Tesla?
Where where giga factorys of chip orders going to come from? Gobal foundries at gobal scale
Jha could have gone anywhere
http://eclipse.vc/uncategorized/ex-ceos-flex-motorola-mobility-joining-eclipse/
General Manager Operations at XNRGI
Kenya
https://ke.linkedin.com/in/rameshkarora
Ramesh Kumar Arora
General Manager Operations at XNRGI
Kenya
Renewables & Environment
Summary
I am an experienced telecom executive, currently General Manager Operations with Xnrgi India Pvt. Ltd., after earlier roles including Group Energy Manager at Airtel Africa, Head of BSS with Nokia India and Data Center Operations Manager with Bharti Airtel India.
My career has encompassed the management of telecom’s infrastructure, operations, governance and energy infrastructure; ensuring network efficiency and driving reductions in OpEx and CapEx. I have led & mentored diverse engineering teams, managed major vendors (Managed Services partners), sourced innovative power generation technologies, created O&M policies and procedures and managed health & safety.
I possess excellent man-management, communication, presentation and negotiation skills.
http://www.esiexpo.in/application/assets/docs/web-docs/ConferenceProgramESI2019.pdf
TRACK 1
MISSION INNOVATION SESSION
(Developing NextGen Storage Technologies, Deciding R&D Priorities,
Industry-Academic partnership, Technology Incubation)
DR. RAMANAN RAMANATHAN (Mission Director - Atal Innovation
Mission, Govt. of India) ‘Session Chair’
PRAMOD KULKARNI (Senior Consultant, Customized Energy Solutions)
‘Moderator’
SAJID MUBASHIR (Scientist G, Dept. of Science & Technology, Govt. of India)
RAKESH MALHOTRA (Founder, SAR Group)
ALAN GREENSHIELD (Chairman, Innolith AG)
VIMAL MAHENDRU (President, Legrand)
PAUL SIDLO (President & Chief Strategy Officer, XNRGI)
XNRGI has produced 600 working samples (8 billion micro-batteries) for a wide range of clients, and proven
its ability to manufacture its batteries at less than $150/kWh no matter what the application or scale.
XNRGI is the ONLY flexible architecture platform that enables high performance, low-cost high volume production of batteries that will bring about the mass adoption of EVs and Renewable
Energies.
XNRGI’s Proprietary PowerChip™ Battery
In addition to XNRGI’s IP Portfolio of 15 issued patents, 13 applications, and 6 patent disclosures, XNRGI’s
PowerChip™ technology has a number of unparalleled, first-ever features that set it apart from any other
battery technology:
https://xnrgi.com/wp-content/uploads/2018/11/XNRGI-Consumer-White-Paper.pdf
http://www.esiexpo.in/
tag finally goes to the company website
ESI 2019 : Partners & Exhibitors
http://www.esiexpo.in/application/assets/images/sponsors/XNRGI-Darker-Logo.jpg
Paul Sidlo Retweeted
Mashable
?
Verified account
@mashable
Jul 2
More
Uber teams up with NASA to make flying taxi service available by 2020
/>
1:08
Flying taxis
Uber has signed an agreement with NASA to create a brand new air traffic control system to support their forthcoming UberAir service. It's being developed in Dubai, Dallas, and Los Angeles.
Seems this was back in Dec they were a sponsor (see lower left corner)
#International Meeting on #Energy #Storage Devices (IMESD-2018)
& #Industry-#Academia Conclave (IAC), organized by Dept. of #Physics, @iitr247667 , #IITRoorkee welcomes all speakers from
@UTAustin @UnivNantes #XNRGI @UNSW @Delhi_U #ICTM @iiscbangalore @IITKgp @bitspilaniindia
Battery development and mass production of batteries in Africa
https://www.linkedin.com/in/alhassan-danaa-alhassan/
Research Analyst
Company Name
XNRGI
Dates Employed
Jun 2018 – Present
Employment Duration
10 mos
Location
Portland, Oregon Area
• Design and characterization of a novel 3D, high surface area lithium metal battery
• Overcoming bottlenecks of lithium metal batteries like safety issues, low cycle life and low active mass
• Scalability of battery prototypes and performance
• Battery performance testing-Electrochemical Impedance Spectroscopy(EIS), cyclic voltammetry, chronoamperometry, etc.
• Battery development and mass production of batteries in Africa
• Lithium mining operations for use as a raw material for battery projects
Maybe the reverse split and buyout reduces the shareholder count below the threshold requirement? Going dark did not hide their actions in India - Progress there as well as the summary report from their work with Argonne Lab SBV and the VTO should have been made public. This happen before going dark. Getting caught up on reporting has to more than updating an old 10k report with new incomplete data. Insiders information include stragetic board members that cashed in with stock in lieu of payment same as toxic lenders Union Capital and Inter mountain now everyone has got to be wondering what going on. Wonder who got caught holding shares or short shares when trading stopped. There's no way after taking this long this transaction does not garner attention from many different eyes involved.
Totally agree - The only point I was making was Xnrgi has released about as much detail an the Neom developers. Make of that what you will. They would have the resource to take this private, and just so happen to also own Global Fab. Things that still make you say hmm in Abu Dhabi. Just a what if that l throw out there
XNRGI in NEOM project in KSA? seems everything is interesting or exciting....
Prince Mohammed, in an interview with Bloomberg in October, referred to the first phase of the project as the Neom Riviera. “Neom city will be completed in 2025,” he said, adding without elaborating that “there are interesting partners in the Middle East and globally. Interesting names.”
A number of facilities will be opened at Neom by the end of this year, SPA reported, without providing further details. The private airport at the site will be used for commercial flights by year-end, it said.
https://www.bloomberg.com/news/articles/2019-01-16/saudi-arabia-to-begin-building-homes-in-futuristic-city-neom
https://www.proz.com/wiwo/?criteria[entity_id]=788635
...
06:47 Sep 6, 2018
Mohamad Atwa posting from ProZ.com shared:
Fulfilled an interesting project about Energy Storage Technology by XNRGI in NEOM project in KSA
x-Powerchip, XNRGI Lithium Metal Air, Dielectric coat, parallel chemistries, runaway thermal reaction
Cool!
I Do That
English to ArabicEnergy / Power GenerationSDL TRADOS100% complete
(edited)
The stakes are enormous. Adoption of electric vehicles is already expected to fuel an exponential increase in lithium-ion batteries, the reigning replacement for the internal combustion engine. The latest report from BloombergNEF found that electric busses and passenger cars accounted for 44 gigawatt hours of lithium-ion battery demand in 2017—and by 2030 that demand is forecast to surge to over 1,500 gigawatt hours per year. Anyone with a viable solid-state battery that can outperform lithium-ion technology could gain the upper hand in a market for all EV batteries that will be worth about $84 billion by 2025, compared with about $23 billion now, according to UBS Group AG.
https://www.bloomberg.com/news/articles/2019-01-06/before-the-electric-car-takes-over-someone-needs-to-reinvent-the-battery
This is from 2014 ......for battery market in 2104.....wonder what part of the 84 billion they could corner in 2025
What would the partial shares be worth?
Valuation Based on Potential Revenues
If one looks at the above table, the median value multiple for enterprise value to revenues is 4.5. A 3x
multiple in general is not unusual for a risk oriented situation such as Neah Power where scalability
potential is extremely high. With projected revenues for Neah Power of $14.5 million in two years’ time, a
3x multiple would produce a market valuation of $50.7 million
http://consiliumglobalresearch.com/consilium_PDFs/NPWZ_Initiation_9-10-2014.pdf
Tax Loss Carryforwards
Neah Power has over $50 million in tax loss carry-forwards. Given the complicated rules governing tax
loss-carry-forwards and the circumstances by which those accumulated losses can be applied, we would
nonetheless suggest that there is meaningful value in the company’s NOLs should a merger or
acquisition with another company take place. Certainly, if the company’s commercial initiatives gain
traction, these NOLs will be valuable in protecting the company’s cash generation for some time.
Intellectual Property – 2013 Acquisition of Tekion Assets
Over the years the company has amassed a substantial stable of 14 patents, and various pending
patents and patent applications.
In late 2011, an independent, professional IP evaluation company, Dolcera Corp., assessed Neah
Power’s patent portfolio and determined a valuation range of approximately $800 million to $1.6 billion.
This valuation was based on the projected growth rates in various markets, the ability of the company to
garner market share, and the types of royalty arrangements that can be reasonably expected. All this is
contingent upon the uniqueness of the company’s proprietary technology. The company’s patents are
slated to expire in the years 2020 - 2030.
The acquisition of Tekion’s assets in November, 2013 brought to Neah Power several of the above
mentioned patents and the capability to build upon its silicon and formic acid technologies. It is upon
these new and innovative technologies that the promise of long-term growth has been based. It stands to
reason that the value of the assets from the Tekion acquisition reinforces the overall valuation of the
company.
Tuesday, 29 January Professor, XNRGI
Slobodan Petrovic, PhD, Professor, XNRGI
The power loss in lithium batteries comes partially from poor electronic conduction and limited active surface area. A new electrode consisting of porous structure and silicon collector is used to enable effective and high-area three-phase boundary between active mass, electrolyte and electronic conductor.