EnviroGold Global With CEO & Founder, David Cam

The Market Online speaks with EnviroGold Signs Revenue-Generating Contract, Commencing Expedited Deployment Pathway.

Transcript

00:00Welcome back to The Watchlist. I'm Lindsay Melchuk. Well, it's becoming a weekly chat.

00:10Our trusted friend, founder and CEO of EnviroGold, David Kam, is back with us for what seems like

00:16the weekly news of the company. And we are here for all of it. Hello, David. Love this weekly

00:22catch up and I've got my tea and I'm ready. Well, that's great, Lindsay. Great to be here

00:27and great to see you again. And it's going to be a weekly catch up. So, yeah, it absolutely

00:32is. I actually look forward to this now. Now, I'm going to jump right in here. And from

00:36what I've read, I mean, you've just signed your second client contract for your mine wasting

00:40processing technology. Tell us about this. Well, it's obviously it's a milestone for the

00:45company. Having a T1 mining company look at our technology in detail and engage with us

00:52and sign a contract and pay a significant amount of money to step us through the expedited

00:58deployment pathway. And that's a three-step process. The first stage is already complete.

01:04Stages two and three are underway. And that will provide the client with bankable feasibility

01:10level studies on technology, the economics and the engineering ready to advance towards

01:17site visits and full engineering and deployment. So, we're rapidly building our pipeline, engaging

01:24with customers and delivering on our promise. Well, I mean, that's a lot to talk about right

01:30there, but let's talk next steps. You know, what are they in your expedited deployment pathway?

01:37I mean, even further to that, what does this mean for Envirogold?

01:40Well, it's a great question. And I've set the company up as a technology licensed company. So,

01:46we don't own an operate plant. So, we're CapEx Lite. We license technology and oversee its operations

01:53through strategic partners like Fraser Alexander. So, we have the ability to rapidly scale on a very

02:01sort of brief timeline, getting through the expedited deployment pathway and site engineering and

02:06operations will be managed by Fraser Alexander. So, that allows us to scale to multiple sites

02:12simultaneously across the mining jurisdictions we're targeting. And our pipeline is building with

02:18that in mind. Okay. So, David, with the scalable process that you're talking about, can Envirogold

02:24serve multiple mine sites at once? And ultimately, what does that mean for potential revenue?

02:30With Fraser Alexander as our implementation and operational partner, they already run well over

02:38100 tailing sites around the world now. So, they have the boots and hats on the ground, the equipment

02:44and the know-how to operate our plant on mine sites, whether they're their customers or new customers.

02:51So, the scalability aspect, I think we've got in a box and ready to go. What that means for Envirogold's

02:57revenue is repeatable, I should say recurring, license fees every quarter for the life of the mine,

03:06and we're a very low OPEX and low CAPEX business. So, you know, we're expecting to be very profitable

03:12and move into a dividend-paying strategy, you know, as soon as we can. It's an exciting future.

03:19Definitely exciting. And there we have it, folks, the weekly catch-up with David Kamm, founder and CEO of

03:25Envirogold. Thank you so much for sitting with us, David. And of course, we always want you back for

03:30more updates soon. See you soon. To learn more about Envirogold, head to their website at

03:36envirogold.com. And of course, be sure to bookmark stockhouse.com for all of your market news.

03:42I'm Lindsay Melchick. We'll see you next time.