Wednesday, August 03, 2022 10:48:38 PM
I enjoyed it, here is my summary(great job art);
Start to production less than 18 months;first unit built in 8 months and they've worked out kinks across 2x fab shops (10 day assembly with 9 people)
Omnibus patent; all types of absorbents and solvents as well as IX can be used (including non proprietary globally
Working on proprietary technology that will remove ALL lithium from the brine
LMG > Solar > Solar Steam (ESG Carbon progression)
Dr. Burba laughed at the budget deficit
0 debt, happy with the working capital revenue "in a very short time frame"
Cheesed saying yes he believes top 3 is attainable
Liabilities 1; 19m construction costs (accounting) will be transferred into assets ONCE the unit is fully commissioned on location
Liabilities 2; next annual report will shift Liabilities into ASSETS
Talks with several US developers and some Europeans, has been contacted by other developers evaluating technology.
The timeline is SHORT, he was projecting his excitement
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