They say power costs (main component of opex) is about one tenth of traditional methods. Despite the temperatures it's only for a fraction of a second.
Also they only have about 2-3 weeks of carrying cost from when they buy the scrap to receiving the payment for the end product
Capex is minuscule compared to the alternative. In this Webinar last August they said the cost was about US$3000 for the Demo unit - which they don't call a pilot plant or demo plant anymore, but a production modulehttps://www.youtube.com/watch?v=OvU_OoJM0bs
There are broker reports on their website & I've put a few links below to webinars etc.
Most recent webinarhttps://www.youtube.com/watch?v=V5r6Hb_Y8N8
Crux interviewhttps://www.youtube.com/watch?v=C1dPHQ4P3dA
Oct webinarhttps://www.youtube.com/watch?v=UCD6i2HaQ_k
December webinarhttps://www.youtube.com/live/jCOM_I6AyOQ
Stock downunder interviewhttps://www.youtube.com/watch?v=04TviFAcSrk
Dec interview about placement
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Last
63.5¢ |
Change
0.030(4.96%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 66.0¢ | 57.5¢ | $3.931M | 6.272M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 78038 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 261725 | 3 |
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| Last trade - 16.12pm 23/06/2025 (20 minute delay) ? |
| MTM (ASX) Chart |