Onecycle Noble Metals Ltd contractually owns 36,000 tons of pyrite ash for security of supply and also for security collateral for funding purposes. The collateral recoverable value as of November 2022 is circa $99 Million based on Gold and Palladium only. Project Financials Onecycle Noble Metals Ltd based in the United Kingdom is to deploy the technology and start processing the pyrite ash with an initial focus on extracting the Gold and Palladium first, and then followed by the other recoverable metals and compounds.<\/p>\n\n\n\n
For the purpose of this overview, the financial revenue model will be based only on a conservative estimate of extraction for gold and palladium at $2,337 per ton of pyrite ash processed. The proposed plant will take approximately two years to deploy in the UK and will have the initial scalable capability of processing one metric ton an hour of pyrite ash at a project deployment cost of \u00a35 Million. Followed by a year of commissioning and ramp-up, in this year only 2,400 metric tons will be processed, and by the beginning of the fourth year the plant will be in full production, processing 8,600 metric tons per year of pyrite ash. Once the project is fully operational, the sale of recovered Gold and Palladium will generate a revenue of circa $20.1 million per annum, with a Gross Profit of 87.2% and an EBITDA of 70% equating to $14 million per year<\/p>\n","protected":false},"excerpt":{"rendered":"
Onecycle Noble Metals Ltd is looking to raise a minimum of \u00a35 million capital debt finance with the loan fully secured against the available Pyrite Ash (valued at circa $99 million). Over the period of 5 years Onecycle can offer a 20% annual interest (non-compounded) and rolled up on the loan with a total repayment to the lender of \u00a310 million in year 5. The loan repayment can potentially also be paid back in the equivalent amount in Gold and\/or Palladium certified bullion bars in full and final settlement of the loan and interest due in year 5. Onecycle are also open to discussions for a blend of equity\/debt financing, with a potential of increasing the processing scalability of the plant from 1 ton\/hour to 5 tons\/hour
\nFor investors interested in an equity stake the company will offer a 40% shareholding reduced to 10% once equity stake has been repaid.<\/p>\n","protected":false},"featured_media":589,"template":"","alt_categories":[],"completion_status":[5],"class_list":["post-587","alt_investments","type-alt_investments","status-publish","has-post-thumbnail","hentry","completion_status-live"],"acf":[],"_links":{"self":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/alt_investments\/587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/alt_investments"}],"about":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/types\/alt_investments"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media\/589"}],"wp:attachment":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media?parent=587"}],"wp:term":[{"taxonomy":"alt_categories","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/alt_categories?post=587"},{"taxonomy":"completion_status","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/completion_status?post=587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}