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21/09/21
17:13
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Originally posted by ProCapitalism:
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Exactly. This is proven technology, handed to us on a silver plater. People haven't processed it in their heads yet, HNR is going to be a European battery recycler . Perhaps in 12 months time . What's that MC worth? Look at the MC of our lithium competitors & their business activities, what's HNR worth then? HNR wants to recycling batteries in Europe within a year or 2 & management have experience & expertise around Europe. Once this message gets out more people will take notice.
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Not just mining Lithium here ... the Neometals/Promobius process gets 85% of the primary components out of each battery - and the left overs are sellable fertiliser. So comparisons need to be made with a miner who is going to produce the following: The profit level on that process will depend on the metals prices at the time, but it is WAY HIGHER than the operating cost. With the license for the Nordic region, its no wonder Neometals just upped their holding in HNR to 32.76% ...