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Re: DSherman post# 91575

Monday, 08/02/2021 2:20:35 PM

Monday, August 02, 2021 2:20:35 PM

Post# of 100240
An example of how and why $NWGC can succeed in this new Lithium market please keep reading.

But in summary, this firm is raising money, Millions, with crowd funding, pre IPO, ( = no liquidity ) at $8.00/share after earlier fund raising at $4.90/share last year. The technology can be used to replace the bulk of existing Lithium Brine and post extraction clay refining. It can be step 2 of the Tesla Elon Musk process that uses table salt with lithium clay.

Old school massive Capex Methods are dead, dying. Check this out, one of the options for new outfits in the mining start up sector targeting Lithium. How it can and is being funded, and what low cost rapid deployment options already are coming out for commercial use.

$NWGC could use EnergtX and the Tesla Process in a 1-2 step method to extract and purify high yield lithium from clay. Buy and existing clay mine, that is not yet extracting the Lithium before it sells mined clay for other uses.

EnergyX is fundamentally a technology company that plans to generate revenue in two ways.

LiTAS™ stand for “Lithium-ion Transport and Separation”

The LiTAS™ system is a form of Direct Lithium Extraction (DLE) technology that recovers up to 90% or 3x the amount of lithium as traditional evaporation ponds. Our technology also reduces production time to a matter of days and cuts costs. By creating a more cost-effective method of lithium production, we can reduce the cost of rechargeable batteries, electric vehicles, and other clean technologies.

Our LiTAS™ technology leverages a proprietary filtration system that is compatible with existing lithium producers and can hit recovery rates of 90%. We are also working on a Generation 2 that will completely replace existing technology, helping the world reach a more sustainable and efficient future

Technology Licensing Fee for LiTAS™ (Annual Recurring Revenue)
Product Sales and Initial Implementation (One Time Purchase Fee)

Our business model is to make money from every ton of lithium produced using our LiTAS™ technology. We plan to make up to $1000 for every ton. The reason we are able to command this is because we save our customers so much money. An easy way to think about it is this: If we save our customers $2000 of cost per ton of lithium they produce, we ask that they pay us 50% of that, or $1000 per ton of lithium.

To put this in perspective, by 2025 it is expected the global lithium demand will be 1.5 million tons/yr. If we capture only 10% of the market and 150,000 tons of production uses our technology, that equates to $150 million in annual revenue if we receive $1000 per ton.

Product development: Achieved all technical milestones, and engineering of LiTAS™ has been scaled to pilot plant stage. Three pilots have been fabricated and we plan to deploy multiple units into the field during 2021.
Go-To Market: Identified the quickest path to market and implemented a licensing model to work with existing producers as opposed to reinventing the wheel.
Customer Traction: Several of the top 10 lithium producers have engaged with EnergyX in testing agreements.
Great Partnerships: Top tier university and industry partners with 100+ years of experience in the field. Partnerships extend internationally.
Intellectual property: The company has developed a robust portfolio of patents and patent applications, which currently sits at 23 patents to date.

Growth Plans: We have created short term and long terms goals including a 10 Year Master Plan. At the end of the day, we will become an extremely valuable company by creating technologies that move the renewable energy transition forward.
Breakthrough Technology. EnergyX’s LiTAS™ membrane technology, developed by a world leading scientist at the University of Texas Austin and Monash University in Melbourne, is a true technological breakthrough. This is the first membrane that can separate lithium from magnesium, calcium and other impurities with which it is normally found. We plan to deploy multiple pilot plants into the field in 2021.
Go-To Market

Smart Go-To-Market Strategy. We are looking to generate profit as quickly as possible. Lithium production is a massive, capital intensive industry with tens of billions in sunk costs. EnergyX doesn’t try to replace that at one go. Instead, our lithium separation technology can be integrated into existing lithium production locations, increasing the amount of lithium recovered, while lowering costs.

Eventually it may replace lithium extraction as we know it today. In the short term, it’s a low-cost add-on, that increases lithium production at low cost.
Customer Traction

Early Customer Engagement. EnergyX has agreements to share actual lithium brines (the extremely salty water from which lithium is extracted) with some of the largest lithium companies in the world, including announcement Orocobre and several of the other top 10. We have processed that water and produced that lithium at lab scale. These customers represent the very largest lithium companies on earth, and are also working with major oil & gas companies looking to diversify and extract lithium.

Partnerships With Global Companies
.

EnergyX is deeply engaged with partner companies including Membrane Technology Research and a multi-billion-dollar water processing giant ($18B revenue / year), who can actually manufacture these membranes and the systems they go into at scale. These partners have agreed to, and are actively working on the manufacturing processes that EnergyX has designed.

This is an offering of Common Stock, under registration exemption 4(a)(6), in Energy Exploration Technologies, Inc., doing business as EnergyX. This offering must raise at least $10,000 by August 31, 2021 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. EnergyX may issue additional securities to raise up to $3,934,064, the offering’s maximum.
$10,000 minimum
$2,430,648 raised

If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
38,803,333 shares
×
$8 per share
$310,426,664implied valuation


https://netcapital.com/files/fa73bc6f-bbdf-4ea9-a536-55468d8a29ce/energyx_audit-report.pdf

Last year the offering was at $4.90 and this one right now is at $8. These guys know how to create value and rasie the offering prices as they raise money. I like it