Comstock Inc. · AMEX:LODE

Comstock — Q1 2024 Earnings Presentation

11 slides from Comstock's earnings presentation, Apr 30, 2024

  1. Slide 1: Comstock Metals Outlook

    Comstock Metals Outlook Comstock Inc. (NYSE: LODE) 1Q24 Earnings Call © 2024 Comstock Inc. | NYSE American: LODE

  2. Slide 2: 2022 annual meeting: lithium battery recycling progress and pilot system

    At our 2022 annual meeting, we announced technical progress in lithium battery recycling and showcased our working pilot system © 2024 Comstock Inc. | NYSE American: LODE 2

  3. Slide 3: Late 2022 metal commodity prices collapsed, hitting battery recycling models

    In late 2022, metal commodity prices driving battery recycling financial models collapsed Cobalt Nickel © 2024 Comstock Inc. | NYSE American: LODE 3

  4. Slide 4: 2023 pivot to Solar Panel Recycling

    2023 pivot to Solar Panel Recycling 1mm tons per year of end-of life solar panels coming by 2030 Proven process to recycle laminated systems First Mover Advantage in the southwest US © 2024 Comstock Inc. | NYSE American: LODE 4

  5. Slide 5: Operating demonstration facility in Silver Springs, NV

    Today we are operating our demonstration facility in Silver Springs, NV seeing strong demand with customers filling our existing storage capacity © 2024 Comstock Inc. | NYSE American: LODE 5

  6. Slide 6: Expansion Model

    100,000 ton / year facilities Expansion $12 million build cost each Model project level financing © 2024 Comstock Inc. | NYSE American: LODE 6

  7. Slide 7: Comstock Metals Deployment Plan

    Comstock Metals | Deployment Plan Funding Operational Full Capacity Facility 1 Q2-2023 Q2-2024 Q3-2024 Facility 2 Q3-2024 Q4-2025 Q4-2026 Facility 3 Q3-2025 Q4-2026 Q4-2027 Facility 4 Q3-2026 Q4-2027 Q4-2028 © 2024 Comstock Inc. | NYSE American: LODE 7

  8. Slide 8: Comstock Metals Projected Capacity Growth

    Comstock Metals | Projected Capacity Growth in tons / year 350,000 300,000 250,000 200,000 150,000 100,000 50,000 - 2024 2025 2026 2027 2028 2029 Facility 1 Facility 2 Facility 3 Facility 4 © 2024 Comstock Inc. | NYSE American: LODE 8

  9. Slide 9: Comstock Metals Projected Economics

    Comstock Metals | Projected Economics $135 Millions $120 $105 $90 $75 $60 $45 $30 $15 $0 -$15 2024 2025 2026 2027 2028 2029 Revenue Profit © 2024 Comstock Inc. | NYSE American: LODE 9

  10. Slide 10: Why we don’t share our unit pricing

    Why we don’t share our unit pricing Service Business Reseller Customers Landfill Competitors © 2024 Comstock Inc. | NYSE American: LODE 10

  11. Slide 11: © 2024 Comstock Inc. | NYSE American: LODE

    © 2024 Comstock Inc. | NYSE American: LODE

Comstock — Q1 2024 Earnings Presentation on 6ix