Jack...let me know how the following seems to be working out for the company yet it doesn't appear that anyone is loading up wheel barrel full of first stage Graphene. Next as it is true Graphene can be made from cities that have massive trash contents at dump sites yet it would cost 50-100 times more to make it into Graphene.
Anyways how is the following working out for this company taken from GSTX SEC filings as follows........
Stage One – US$ 10 Million – Townsville Pre-Processing Factory “SQ1” and “SQ5” Products
The initial US$10 million application of funds will be specifically allocated to sponsor the generation of early revenue from sales of un-processed raw quartz directly from the Quartz Hill mine site. The raw quartz rock will be shipped to the new Townsville pre-processing factory for low-cost preparation involving high pressure washing, crushing and sizing, ready for shipping to international markets. Our management is confident of re-establishing previous issued US$200 Million plus orders from China and several other new emerging markets that require unprocessed high purity quartz for their own “value-adding” production centers. While we consider generation of early sales revenues is a vital function, the pre-processing factory will also produce “SQ5” feedstock for the new commercial scale high purity quartz sand factory to generate sales into the solar industry, semi-conductor and all high-end electronics markets. By building the new Townsville factory, Stage One funding will provide a base for international sales operations focusing on generating high volume, low-end sales revenues from largely unprocessed quartz. The factory is designed with more than enough production capacity to meet both SQ5 feedstock and low-end production demands.
Stage Two – US$ 35 Million – High Purity Quartz Sand Production Factory - “SQ7” Products
These funds will be required six months after the initial US$10 million funding. Funds will pay for establishing the fully operational solar grade, or crucible grade high purity quartz sand manufacturing facility. The factory will focus on manufacturing solar grade, or crucible grade high purity quartz sand products to industry standard purity grade high purity quartz sand for supply to all high-end electronics manufacturers. The solar industry utilizes SQ7 high purity quartz sand extensively. This operational segment is the most challenging, requiring almost spotless production facilities and high-tech clean rooms to insure ultimate high purity standards in the production process. Our technical team has a previous proven ability to meet these standards and successfully achieve appropriate production quality for solar and crucible grade high purity quartz sand.
Stage Three – HPQS Factory Up-Grade for Semi-Conductor Grade – “SQ9” Productions
With some variances the total $35 -$50 million funding is required within the first year and will be used to purchase additional high-level refining equipment and meet the cost of facility upgrades to the existing high purity quartz sand factory to facilitate production of SQ9 semi-conductor grade high purity quartz. This grade of high purity quartz is the highest purity and yields the largest profit margin. It is extensively used in the semiconductor industry for tool-ware applications and has consistent market demand. Semi-conductor grade SQ9 requires SQ7 solar grade high purity quartz sand as essential feedstock to enable manufacture of SQ9 semi-conductor grade HPQS.
Funding of the GAET Facilities
The Company is in the process of applying for grants and loans of up to $200,000,000 from two of the Australian federal government senior investment regional development funds as well as well as the local Townsville and Queensland state governmental authorities to fund a portion of the initiatives. To fund any shortfall, the Company is also planning to use its best efforts to raise funds in the form of debt or equity or a combination thereof in the US venture capital markets. All of these amounts represent the good faith estimate of Company management, but no assurance can be given that the Company will receive any funding from the Australian government (or if funds are received the amount thereof) or the receipt of funds to cover any shortfall.
AI
