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Gantor50

10/31/14 8:55 AM

#28341 RE: Ecomike #28332

This should be posted multiple times a day just to help people understand the potential of the ERC technology in it's present (and still being enhanced) state...

The MVTG ERC pilot plant is being built (prefabricated at Noram) and will be installed at Lafarge in Jan 2015. It will be a multi purpose pilot plant, the multi I have discussed here several times recently.

Consider this. The Multi-factor. The ERC can now make many products, not just formic acid. So I build the pilot plant. I configure it make formic acid one day. Then formates the next day, then Syn gas the next and so on.

Then I check the data and the current economic climate, market prices of inputs and outputs and other deals (customer partners) and see which commercial plant and commercially viable product I want to build first, do I want to make platinum, gold or diamonds first? Which one will be the most profitable?



That is the brilliance of this technology in my opinion. MVTG doesn't have to sell a "save the world" technology. It is selling a technology that can be revenue producing. That means if successful the ROI on the full blown ERC technology could be 36 months or less (depending on the plant type), and then start generating revenue. This does not factor in the immediate impact on Day 1 of go-live as it pertains to reducing any carbon taxes.

As somebody who has participated in the many CAPEX budget processes over the years, this seems like an easy discussion to have inside that conference room whether or not investing in an ERC unit adds business value and is worth including in the budget.