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Bill R

active 8 days ago

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@BILL R

active 8 days ago

Groups (2)
  • 8020 COMMUNITY CANADA

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    Welcome to 8020 community of members Canada. In this group you will receive communication about......

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  • Argex Titanium Inc.

    Private Group

    Argex Titanium Inc. has developed an advanced process for the production of high grade titanium d......

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    8020 COMMUNITY CANADA

    Public Group

    Welcome to 8020 community of members Canada. In this group you will receive communication about......

    2384

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    Argex Titanium Inc.

    Private Group

    Argex Titanium Inc. has developed an advanced process for the production of high grade titanium d......

    155

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Bill R

active 8 days ago

  • remove_red_eye1 Profile views
  • tag_faces1
  • supervisor_account0 Connections
  • description5 Posts

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@BILL R

active 8 days ago

Groups (2)
  • 8020 COMMUNITY CANADA

    Public Group

    Welcome to 8020 community of members Canada. In this group you will receive communication about......

    2384

  • Argex Titanium Inc.

    Private Group

    Argex Titanium Inc. has developed an advanced process for the production of high grade titanium d......

    155

Groups 2
  • image

    8020 COMMUNITY CANADA

    Public Group

    Welcome to 8020 community of members Canada. In this group you will receive communication about......

    2384

  • image

    Argex Titanium Inc.

    Private Group

    Argex Titanium Inc. has developed an advanced process for the production of high grade titanium d......

    155

Recent Group Activity
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Bill R posted an update in ARGEX TITANIUM INC.

2 months

This is great news and a big thank you to all the Argex team that made this happen just in time for the big meeting.
Just to be clear, if you will, this means that CECE will be providing financing to build the Tech Center as well as building it, correct? And regarding the JV with Hung Thinh, they will be building that as well but is that deal now complete? And what about financing for that deal, will it also come from CECE?
Could you elaborate a bit on this 25K plant to be built in China....who owns it....will it be a royalty for Argex?
Last, do you have any anticipated dates to start construction or expected opening dates for any of the above projects?
Thanks and way to go guys, pop another bottle for us shareholders! Billr861

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Bill R commented on Bill R  update in ARGEX TITANIUM INC.

4 months

I can't find the original announcement of the LOI to build plants at Becancour, am I blind or has it been deleted? Why would the company delete the announcement? It ended by announcing that the small plant would begin construction in Jan of 2020, financing pending. Can't find it at Sedar nor the Company press releases,where'd it go? Does the company still plan to build the small plant? Or has the company made a full shift in philosophy to start doing JV's for the foreseeable future instead of building it's own plants?

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Bill R posted an update in ARGEX TITANIUM INC.

4 months

I can't find the original announcement of the LOI to build plants at Becancour, am I blind or has it been deleted? Why would the company delete the announcement? It ended by announcing that the small plant would begin construction in Jan of 2020, financing pending. Can't find it at Sedar nor the Company press releases,where'd it go? Does the company still plan to build the small plant? Or has the company made a full shift in philosophy to start doing JV's for the foreseeable future instead of building it's own plants?

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Bill R posted an update in ARGEX TITANIUM INC.

12 months

I don't think the company should respond to the Saudi/Canada issue at all. It's political, not business even if the Saudi's are trying to use money and markets to make their point. Plus, does anyone really expect Mazen to back either party against the other? That's a lose lose scenario for the company either way he goes. It's political, stay out of it.

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Bill R posted an update in ARGEX TITANIUM INC.

1 year

Gladys, others are asking as well, but I'll ask too....we're all shocked at the new 2020 date for the Center. I'm hearing deep concerns from just about all share holders. It would be incredibly helpful if Mazen were to put out an explanation for why the sudden date change. It was just a month or so ago it got changed to 2019, and now this. If there was ever a NEED for an explanation, it's now. Thanks, Bill

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Bill R replied to the topic gladys@argex.ca  update in ARGEX TITANIUM INC.

1 year

1 year

Bill R posted an update Argex Titanium Provides Corporate Update in ARGEX TITANIUM INC.

Argex Titanium Provides Corporate Update


The process, product and production strategy are upgraded and improved


MONTREAL, Québec – June 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex” or the “corporation”) is pleased to provide a corporate update and to announce the new progresses accomplished in recent weeks with respect to the process, the product and the production strategy. These actions are culminating in finalising a Technology Center Confidential Memorandum to be provided to project financing investors.


Increased scale of the Technology Center will accelerate


The most important development of the last few months, is the additional optimisation of the Technology Center production strategy. The capacity of the Technology Center will be increased from 3,000 tonnes to 5,000 tonnes per year, which should allow the corporation to be cash positive soon after the production starts and is stabilised. The capacity increase is the result of engineering innovations which reduced the size of the equipment required to produce the new output figures. This is very important for Argex and its shareholders as it means that the financial situation of Argex will be improved early on during the construction of the planned commercial facility, thanks to higher revenues to offset costs.


Increased number of by-products will generate additional revenues


New tests have validated the process scheme in its ability to use ilmenite ores while making a performing and high-quality Ti02 pigment grade product. Moreover, the ongoing improvements made to the process have allowed the corporation to improve operating efficiency, lower operating costs, and produce a complete recycling of the hydrochloric acid feed. These optimizations will allow the Technology Center to generate four saleable by-products – and not only one, FeCl3, as initially planned. This will greatly improve the economics of the Argex technology. These additional by-products will be generated from the new recycling acid process, which is independent from the main TiO2 production line, and that was reengineered lately.


Potential for vertical integration – mine to product


Management believes that the very positive drill results from Argex’s Lac Brûlé Property announced on April 19, 2018 could represent a highly efficient ore source for the corporation in the future. In fact, an extensive review of all past mining exploration activities by our consultant geologists was followed by the discovery of massive ilmenite lenses during the 2018 campaign. Testing on these core samples from the exploration activity have determined that this ore could be usable in the Argex process without any modifications to the process configuration. Further analyses are being performed by external labs and results should be announced shortly.


New series of test confirm product stability


In order to enter the market with the strongest arguments and most solid proofs, we have continued to improve our process and have requested new tests from a third-party laboratory which specializes in master batch production for the coatings industry. The tests on Argex TiO2 samples used the same parameters as the tests performed in November 2017 and came to the same conclusions with similar results. This confirms the stability of the process, as well as the intrinsic qualities of the product.


These tests have also demonstrated that Argex’s TiO2 product has reached even higher levels of quality with respect to whiteness, opacity, size distribution and morphology. Even though our product already reached the required standards, with the new improvements we made, we can now propose to the market a product that reaches the highest standards. Combined with our low-cost process, it will position our product amongst the most affordable ones, and given our highly environmentally-friendly process, we are very confident that our commercial production will be attracting strong demand from buyers.


Although highly technical, the following results confirm the performance of Argex’s TiO2 in paint applications as being acceptable against the industry standards recognized by the major paint suppliers in the world.


Mazen Alnaimi, Chairman and CEO of Argex commented “We are pleased that our progress has provided an opportunity to provide a positive cash flow for the Technology Center and to de-risk our future commercial projects. This effort has generated substantial innovation in technology and gives investors a clear picture of the results of the past few months intense endeavors to manufacture a product of high quality and performance”.


FOR THE COMPLETE PRESS RELEASE, WHICH INCLUDES AN EXTRACT OF AN EXTERNAL LABORATORY REPORT ON ARGEX'S TiO2, PLEASE SEE OUR WEBSITE: Press release - Corporate Update


 

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Bill R commented on luis tt  update in ARGEX TITANIUM INC.

1 year

I’m convinced that management is trying to get this company up and running; however, I would like some opinions on this company and its latest NR as I have seen down falls from issuing such pre-preliminary studies that hurt companies as this is the first call for further Investment funds to be able to break ground.

We know that cash flow is inexistent, that RGX has many project but none really on track. what is to be expected from such news? It’s not a feasibility study to indicate if the mining is feasible in this region. If someone can educate me or provide their opinion, much appreciated.

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Bill R posted an update in ARGEX TITANIUM INC.

1 year

Gladys, Mazen said that he expects our OPEX to be in the first quartile. First quartile of what? Is he talking about the OPEX of the other tio2 companies with Huntsman being the highest at $2768? That would suggest a range from $0 to $2768 and we'd be in the first quartile of that range? Or is he talking about some other range? Thanks.

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