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Re: None

Tuesday, 10/29/2019 11:28:00 PM

Tuesday, October 29, 2019 11:28:00 PM

Post# of 859


1:00 this plant capacity is 10 ton / shift, but they have never mentioned how many shifts per day, it is feasible to run. If they are 8 hour shifts and if there aren't any bottlenecks like daily maintenance there could be 3 shifts per day.
1:12 In mid Nov the commissioning will be done and the plant starts up
3:58 cat converter biz is $180B per year. They don't talk about it in any detail, but there is an existing cat converter recycling industry but I don't know how hard it is for MZX to get their hands on the product by outbidding places like junkyards who sell them to people whose car has a worn out catC or it has been stolen. Doesn't matter much at this point in the game, because all an investor needs to do is compare ETI's $100M market cap to their 80% share of any deal. $180B * 80% * 1% penetration is $1.4B. So every 1% share of that biz would gross 14 times ETI's current market cap.