So…. Our reagent and filtering plant effectively gets replaced by a modular and scalable series of skid-mounted “nano-filtration” units supplied (and owned) by Authium….?
So we basically “rent” the plant, and reduce both our capex and opex…?
Could actually be an interesting and superior approach. Of course, this depends on the detail.
Perhaps a faster road to production?
Improved scalability/ production flexibility?
They’ve apparently tested it with HMW brines.
Very interesting.
Strange to see some of the knee-jerk reactions, despite the apparent term sheet describing this approach having lower capex and opex, alongside higher cash flows…..
Interesting.
Imo
Dyor
GLN Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)