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ACG Metals unlocks $300m from waste processing; raises $15m in oversubcribed placing

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Manage episode 519342101 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) chairman and CEO Artem Volynets talked with Proactive's Stephen Gunnion about the release of a scoping study that showed how the company can generate up to $300 million in free cash flow from high-grade waste at its Gediktepe project using a SART (Sulphidisation, Acidification, Recycling, and Thickening) plant. “It’s very simple. You process waste,” he said. “With a little bit of investment… we add very significant cash flow and NAV because we do not have mining cost — this stuff has already been mined out.” The news followed the company’s oversubscribed $15 million capital raise and the strong market response to its Enriched Ore Treatment Project. Volynets noted that the project requires minimal capital expenditure — $39 million across two phases — and could add $200 million in net asset value, a 60% uplift. The technology is described as low-risk and already proven in Turkey, and the company is targeting first cash flows by the end of next year. Looking ahead, Volynets said a key milestone will be achieving commercial production of copper and zinc concentrates from the sulphide layer by mid-next year, while also continuing M&A activity. Visit Proactive’s YouTube channel for more interviews, and don’t forget to like the video, subscribe to the channel, and enable notifications for future content.#ACGMetals #Copper #MiningStocks #ResourceInvestment #SARTTechnology #Gediktepe #GoldAndSilver #MineralProcessing #MiningInnovation #ArtemVolynets #ProactiveInvestors #WasteToWealth
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606 episodes

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Manage episode 519342101 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) chairman and CEO Artem Volynets talked with Proactive's Stephen Gunnion about the release of a scoping study that showed how the company can generate up to $300 million in free cash flow from high-grade waste at its Gediktepe project using a SART (Sulphidisation, Acidification, Recycling, and Thickening) plant. “It’s very simple. You process waste,” he said. “With a little bit of investment… we add very significant cash flow and NAV because we do not have mining cost — this stuff has already been mined out.” The news followed the company’s oversubscribed $15 million capital raise and the strong market response to its Enriched Ore Treatment Project. Volynets noted that the project requires minimal capital expenditure — $39 million across two phases — and could add $200 million in net asset value, a 60% uplift. The technology is described as low-risk and already proven in Turkey, and the company is targeting first cash flows by the end of next year. Looking ahead, Volynets said a key milestone will be achieving commercial production of copper and zinc concentrates from the sulphide layer by mid-next year, while also continuing M&A activity. Visit Proactive’s YouTube channel for more interviews, and don’t forget to like the video, subscribe to the channel, and enable notifications for future content.#ACGMetals #Copper #MiningStocks #ResourceInvestment #SARTTechnology #Gediktepe #GoldAndSilver #MineralProcessing #MiningInnovation #ArtemVolynets #ProactiveInvestors #WasteToWealth
  continue reading

606 episodes

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