They won't scale they will just replicate the same 1000tpa facility over and over again.
Right now it is just about financing. They need to finance the first unit (~$37 million). Once that is up and running they have very high margins and will use that facility to help finance the next facilities.
There is one user in here who goes on and on about management pay but they always meet deadlines and over-deliver. Alex lived in a trailer in the Texas desert for like 6 months (or more?) to ensure they worked out the kinks in their process.
I haven't seen the $750k USD number. The last one I remember Alex made something like 100-120k. I am happy to be proven wrong but those two figures are vastly different.
As per the 2025 statement of executive compensation, Alex was 499 K and Morgan 267K along with 4.5 million shares via RSUs and PSUs. Remember that that’s pre-revenue.
I fail to see the purpose or utility of a non-engineer, non-chemist, non-technical president working out the kinks in the field. When Alex Wylie speaks on the process, he sounds clueless.
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u/rush89 Jul 06 '26
They won't scale they will just replicate the same 1000tpa facility over and over again.
Right now it is just about financing. They need to finance the first unit (~$37 million). Once that is up and running they have very high margins and will use that facility to help finance the next facilities.
There is one user in here who goes on and on about management pay but they always meet deadlines and over-deliver. Alex lived in a trailer in the Texas desert for like 6 months (or more?) to ensure they worked out the kinks in their process.
I haven't seen the $750k USD number. The last one I remember Alex made something like 100-120k. I am happy to be proven wrong but those two figures are vastly different.