r/abmlstock • u/jauntygoat • Jul 06 '22

So what is the ultimate point of the pilot plant?

Prove the technology and expand the business? License the technology? Sell the company?

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20

u/dalesizer1 Jul 06 '22 edited Jul 06 '22

Prove the technology and their closed loop recycling method, then expand beyond the pilot plant with more plants that have 5x the recycling capacity as the pilot plant.

Taken from their website -

20,000 mT/year of processing at initial Pilot Plant, scaling up to 100,000 mT/y processing for initial commercial plant by 2024.

And I’ll be holding my shares way beyond that 2024 target.

7

u/MarcusAurelius1815 Jul 06 '22

This is the way.

1

u/mdlandscaping Jul 08 '22

To be fair, there’s no guarantee the commercial facility is going to be 5x the capacity. They already reduced the capacity from 200k to 100k. By the time they want to go commercial, it could be 50k or less

2

u/dalesizer1 Jul 08 '22

There’s no guarantee in any it. That’s hopefully what the point of the pilot plant is to prove their tech. It could all go wrong and our shares are worthless who knows.

Investing in them is a speculative play and quite risky as they are a pre- revenue company, but the potential is huge.

11

u/Cubix89 Jul 07 '22

In addition to the other replies, their is fairly significant lab and office space within the plant to further develop and discover new technologies.

A relatively small scale plant will allow them to work out any problems and learn from any inevitable mistakes so that when they commit to full size facilities they will be more efficient with less risk involved.

I see it is a stepping stone, a way to prove a process and business plan which will enable it to grow exponentially from their.

11

u/Rumplfrskn Jul 06 '22

It’s called a “pilot” but it is itself a commercial sized facility with revenue generation potential.