Adaptation of GOLDEX

Goldex Launch Plan

Time limit and budget

6 month

$ 150 000

GOLDEX tasks

  • Formation of a local team
  • Licensing of operations with precious metals
  • Implementation of user identification
  • Enabling local payments
  • Localization of the interface
  • Defining placement points
  • Obtaining a patent for the technology

Pilot project

Testing of the business model, establish optimal locations, marketing channels, and pricing.

Time limit and budget

18 month

$ 2 500 000

GOLDEX tasks

  • Development of a test network for 10 machines
  • Development of a local-brand
  • Negotiations with potential investors and partners

Further development

Scaling business success.

Time limit and budget

24 month

$ 30 000 000

GOLDEX tasks

  • Organization of local production
  • Expansion of our own network
  • Development of the franchise network
  • Selling GOLDEX vending machines to banks, gold mining companies, and refineries

Exit strategy

IPO or M&A by strategic investor.

Time limit and budget

2029 - 2030

$ 800 000 000

List of potential buyers

  • Glencore plc
  • Sipi Metals Corporation
  • Rio Tinto Group
  • Metallix Refining Inc.
  • Umicore N.V.
  • Gannon & Scott
  • Aurubis AG
  • U.P. Metal Refining Inc.
  • Teck Resources Limited
  • David H. Fell & Company
  • Barrick Gold Corporation
  • RPM Industries LLC
  • Boliden AB
  • Garfield Refining
  • Dillon Gage Inc.
  • Elemetal LLC
  • Manhattan Gold & Silver
  • Mid-States Recycling
  • Northern Refineries Inc.
  • Arch Enterprises Inc.
  • Republic Metals Corp.
  • Geib Refining Corporation
  • Doral Refining Corporation
  • Aurum Metals