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Sunday, 02/18/2018 12:49:30 PM

Sunday, February 18, 2018 12:49:30 PM

Post# of 864
The AGM
The atmosphere and high quality successful management and reveiw of the different division,s and high quality project,s was intense for 2.5 hour,s , right until Jared Lararson was 3 minutes late for a reuter,s interview. We have a 3-5 year lead on all the tecknologies to extract lithium brine , as purlucid has given us a huge lead as their plant , tecknology was developed and costantly adjusted to take on the handling of sagd oil sand,s water
If at all possible you should have been there .
1 Petrolithium lithium project,s will be graded and the highest quality project,s will get the go ahead first , with larger facilities for the emphasized cash flow and profit,s , avoiding healter skelter result,s that are weak and to spread out. Profit,s for the company will be in the ten,s of millions . For me guesstimate of 10- 30 million.
A high compounding profitable growth rate is the goal , to interally finance with as little dilution as possible keeping control of all project,s. A sale of a percentage or involvement of end users was mentioned in some mines as desireable as the buyer,s of certain important mineral,s have a Northamerican supply problem .Especially for the U.S.with new tarriff,s on the Chinese and Russian sanction,s and the new critical list issued by the Trump admin.
2 The next and important area was to get asset share price recognition and credit for huge reserve areas . To get a share price adjustment up for high quality , lowest cost , rich resource project,s , that buyer,s desperatly need in Northamerica . Sell some 25% or get them to finance the cost of the mine.
The 4 brines from the different project,s in chile being sent to the purlucid plant in Calgary could result in a number of different joint ventures . 5000 ton,s a year would be no problem to achieve in lithium Chilian production , start date 6-12 month,s when deal hamered out . We are the only solution in the world now . It was mentioned it is easier to negotiate 50% interest project,s in new joint venture,s ,but tougher to deal with the world,s 2 largest sgm and albemarle . Albemarle is 10 billion in size ,once we joint venture we could get in real term,s substantialy larger in asset,s and profit large effecting the quality per share .
If we joint venture with the biggies we will rocket up due to world class asset,s and partner,s .
WE WILL BE THE ONLY ONES WITH ACCESS TO THE BEST ASSET,S IN THE WORLD ,WHY?
WE ARE THE ONLY ONES THAT HAVE A PLANT AND TECKNOLOGY THAT PRODUCES NOW .

NO MORE WAITING 18 MONTH,S FOR WATER TO EVAPOURATE . WHO EVER ADOPT,S ,EARNS MILLIONS AND MILLIONS BEFORE THE COMPITITION AND GETS WAY AHEAD.
If they are wise , due to mgx plant advantage , all may want to do joint ventures with us then , we can pick all or select who we want. Surprise 30% potash in with lithium and other minerals, we can seperate.
Every deposit has a variation in mineral,s and can be easier or harder to mine , our plant is way ahead of capabilities due to having been developed to getting out all harsh sagd pollution for pure water , in fact it's to good and can handle anything in minerals or lithium and can handle temp. way above 450 degree celcius ,750 degree ,volcanic ,very impressive .
3 The battery zinc is an absoulute solution may replace diesel 5-7 story engines in ships .A tip I,m in the marine industry , no fuel then ships can carry 10-20% more cargo as they will sit to high above water line as it has no fuel weight ,more cargo must be loaded so the ship comes down to water displacement line so it is safe to travel so the ship doesen,t flip over in a storm. What an advantage we could be.
Main types of batteries will be avalable for different needs from large to small ,larger is not that much more expensive in comparison to the bigger capacity achieved. Scalability is the key ,how many zinc tanks for storing electricity do you need ,or how many fuelcells do you need to produce electricity up to 1 megawatt of power to have 450 houses off the grid .Africa China and the whole world to isolated places will love us as we replace pollution from diesel generation or by storing or producing power for the utility , wind and solar, or operated to produce electricity. Never do you need to use fuel . We were told people will order on credit we will build, then deliver without risk, with the best lowest cost system in the world.
4 The oil , lithium and minerals 400 000 part,s per million paradox valley Utah project {is qoute from Marc Brunner at the meeting and private converation ] alone be the company maker for Mgx minerals . Each 1000 barrel per day well is worth 40-50 million dollars without the capturing the 400.000 parts per million minerals from the brines . At the Houston oil and gas show a gentlemen {not to mention names} and neighbour showed on 3D sizemic on 8000 acers to Marc Brunner .Like he had never seen before , you could see the oil and gas and 35 zones between salt pillars ,so clear , the same individual will shoot our,s .
Another neighbour shot 3 D , drilled , and the pressure was so great on the horizontal that they could not complete it , Wow/////// Chesapeak energy said the paradox valley was the premier reservoir to be drilled . We needed the area to drill we did not have it , we needed 10000 acres to complete it , but now do . We have the whole jurisdiction federal and state ,no private stake holder,s to deal with and we have the water and placer right,s and sowed up mineral right,s and ownership on our and the neigbour,s land . They want us to handle their water as we have the placer and mineral right,son our and theirs. We apparently have access due to great connections and relationship,s to accretive cheap off balance sheet finnacing .
25000-40000, barrel of oil per day is worth 2-3 billion. Parex resources Pxt is example .

5 Surprise the vandium nickle and cobalt recovery from pet coke is way more advanced than they have ever indicated they said , we can use highburys energys roaster beds that use biogas with lowest carbon print to create ash , containing the heavy metals which we will seperate out .106 million ton,s 2016 Alberta . The proccess is being developed with details whatever with Paul Watkinson a professor at university of UBC and the founder of highbury energy .

6 The mineral propertis , Talked to head geologist our magnesium property worth 200-300 dollars per ton US. Costs will be What $60 a ton . The rare earth niobium tantalliun mine we lattely picked up in BC is a carbonite replacement deposit ,i think i got that right . It is the purest non complext metalurgy easy to mine worth again $200-300. per ton lot,s of other deposit,s in line trend area are difficult we got the best 2.5 km long 2 zones 250 meters wide . The silicon metal mines for the solar pannel industry ,has great confidence that we have 97.5 % pure , industry need,s 91-92% pure .
There is more i will relisten to the presintation to see what i have missed and will report any changes

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