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Re: georgie18 post# 290

Sunday, 03/04/2018 1:07:38 PM

Sunday, March 04, 2018 1:07:38 PM

Post# of 859
JBL already owns 90% of the eWaste tech so no other company is going to be very excited about buying that part of the biz from ETI. Even if ETI/MWX owned 100% of the eWaste no company is interested in a takeover before it gets to 100 tpd because they don't even know what is going on in Memphis. No miner is going to buy the mining solution end of ETI's biz either, until ETI gets a mine mill operating successfully.

JBL or anyone else isn't going to take over ETI until the tech is proven. Pretty hard to go to your Board of Directors and ask for approval for $100M to buy out ETI's 10% royalty on something not proven. Not sure what you learned in 40 years but the above should be added to your knowledge.

This is a really wild imagination guess that you are basing your ideas on. "I believe there was an offer made and it was a low offer and that is why EVLLF made the decision to dilute"