URVS 1.0 · Stage 5 · ACM Standards Committee · 2026 Edition · Voice Standard v3.8
ACM Scenario Analysis
Sankey · Revenue · Mass Balance · URVS 30-Year Term Value · Scale Scenarios
100 TPD Manufacturing Feedstock Mass-balanced Sankey Atm O₂ explicit WTR = Liquifact + FC Water MAT = Metals + Minerals GAS = CO₂/N₂/CO V_term: TMC Fee + GEV + Circular Royalty™ Scale: 100 → 2,000 TPD
Feedstock Input
100
TPD Manufacturing Feedstock
COA Term
30
yr Circular Offtake Agreement
TMC Fee Base
$100
/tonne · 2.5%/yr escalation
V_term NPV Range
$283M–$2.9B
@8% · S1→S4 · 100 TPD module
S1
Commodity Floor
RC1/RC2 · Floor Prices
$9.9M/yr
V_term NPV: $283M
$267M – $452M range
S2
URVS Baseline
RC3 Optimized · Current
$31.4M/yr
V_term NPV: $635M
$481M – $934M range
S3
Alpha Extraction
RC4/RC5 Selective · Current
$111.2M/yr
V_term NPV: $1.94B
$1.17B – $2.92B range
S4
Bull + Alpha
Full RC4/RC5 · Ceiling+Credits
$168.3M/yr
V_term NPV: $2.88B
$2.24B – $3.60B range
URVS 1.0 · Urban Reserve Valuation Standard · Stage 5 of 5
Urban Reserve Asset Value
Statement
The URVS quantifies an ACM Manufacturing Center as a perpetual urban reserve — analogous to a producing field or operating mine, but with no decline rate and no depletion. Manufacturing feedstock is continuously renewed by the community; the reserve does not exhaust. Value is bounded by the 30-year Circular Offtake Agreement term, not by resource depletion. The Gross Reserve Value (GRV) is the ultimate cumulative value of the reserve over the full COA term, undiscounted — the preferred primary metric, stated the way a field states total resource value. NPV @8% is the bankable lender reference. Both are shown across all four RevCon scenarios and six facility scales.
Gross Reserve Value — Full Range
$783.3M – $209.11B
S1 floor 100 TPD → S4 ceiling 2,000 TPD
Undiscounted 30-yr cumulative · TMC + GEV + Circular Royalty™
NPV @8% — Full Range
$266.6M – $71.97B
Lender / investor discounted reference
S1 100 TPD floor → S4 2,000 TPD ceiling
S1 Commodity FloorRC1/RC2 · Floor prices · Covenant stress test
S2 URVS BaselineRC3 optimized · Current prices · DSCR reference ✓
S3 Alpha ExtractionRC4/RC5 selective · Current prices · Mgmt upside
S4 Bull + AlphaFull RC4/RC5 · Ceiling + CDR/IRA · Investor ceiling
● = Base 100 TPD module · All scales = linear multiple
Scale & Scenario Gross Reserve Value — Undiscounted 30yr Cumulative NPV @8% Discount Rate Scale
High Mid ▶ Low (floor) High Mid ▶ Low (floor)
Commodity Floor GEV Yr1: $283/t Urban Reserve Classification: URVS Stage 5
100 TPD 1× module ● $1.32B $830.9M $783.3M $451.8M $283.0M $266.6M
400 TPD 4× module $5.28B $3.32B $3.13B $1.81B $1.13B $1.07B
800 TPD 8× module $10.57B $6.65B $6.27B $3.61B $2.26B $2.13B
1,200 TPD 12× module $15.85B $9.97B $9.40B $5.42B $3.40B $3.20B
1,600 TPD 16× module $21.13B $13.29B $12.53B $7.23B $4.53B $4.27B
2,000 TPD 20× module $26.42B $16.62B $15.67B $9.04B $5.66B $5.33B
URVS Baseline GEV Yr1: $897/t Urban Reserve Classification: URVS Stage 5
100 TPD 1× module ● $2.72B $1.85B $1.41B $933.7M $635.4M $481.3M
400 TPD 4× module $10.88B $7.42B $5.63B $3.73B $2.54B $1.93B
800 TPD 8× module $21.76B $14.83B $11.25B $7.47B $5.08B $3.85B
1,200 TPD 12× module $32.64B $22.25B $16.88B $11.20B $7.62B $5.78B
1,600 TPD 16× module $43.51B $29.66B $22.50B $14.94B $10.17B $7.70B
2,000 TPD 20× module $54.39B $37.08B $28.13B $18.67B $12.71B $9.63B
Alpha Extraction GEV Yr1: $3,177/t Urban Reserve Classification: URVS Stage 5
100 TPD 1× module ● $8.48B $5.65B $3.41B $2.92B $1.94B $1.17B
400 TPD 4× module $33.92B $22.60B $13.64B $11.67B $7.77B $4.69B
800 TPD 8× module $67.85B $45.20B $27.28B $23.35B $15.55B $9.37B
1,200 TPD 12× module $101.77B $67.80B $40.91B $35.02B $23.32B $14.06B
1,600 TPD 16× module $135.70B $90.40B $54.55B $46.70B $31.09B $18.74B
2,000 TPD 20× module $169.62B $113.01B $68.19B $58.37B $38.87B $23.43B
Bull + Alpha GEV Yr1: $4,809/t Urban Reserve Classification: URVS Stage 5
100 TPD 1× module ● $10.46B $8.37B $6.50B $3.60B $2.88B $2.24B
400 TPD 4× module $41.82B $33.47B $25.99B $14.39B $11.52B $8.94B
800 TPD 8× module $83.64B $66.93B $51.98B $28.79B $23.03B $17.88B
1,200 TPD 12× module $125.46B $100.40B $77.97B $43.18B $34.55B $26.82B
1,600 TPD 16× module $167.29B $133.87B $103.95B $57.58B $46.07B $35.76B
2,000 TPD 20× module $209.11B $167.34B $129.94B $71.97B $57.58B $44.70B
Gross Reserve Value (GRV) = Undiscounted sum of TMC Fee + GEV (annual revenue × 30yr at 3%/yr escalation) + Circular Royalty™ (120% × TMC, commencing month 13) over 30-year Circular Offtake Agreement term · NPV = GRV discounted at 8% annually · Low/High bounds reflect catalog price floor → ceiling within each scenario (no depletion — feedstock is perpetually renewed, reserve does not exhaust) · Mid = midpoint catalog prices at scenario RevCon tier · Scale = linear multiple of 100 TPD base module (35,000 t/yr) · URVS Stage 5 certification: Refined Asset Value confirmed per ACM Standards Committee protocol · Forward-looking statement: All values are projections based on RevCon 3 baseline assumptions per ACM Voice Standard Sec 12–13. Actual results may differ materially.
Cross-Scenario Comparison
Metric S1 · Floor S2 · Baseline S3 · Alpha S4 · Bull+Alpha
ANNUAL REVENUE · RevCon™ Valorization Ladder
Annual Revenue (mid)$9.9M$31.4M $111.2M $168.3M
Revenue Range $8.9M–$20.2M $22.0M–$49.6M $64.1M–$170.7M $129.0M–$212.2M
GEV per Tonne$283/t$897/t $3,177/t $4,809/t
URVS V_term · 30-YEAR COA · TMC Fee + GEV + Circular Royalty™
V_term NPV @8%$283M $635M $1.94B $2.88B
NPV Range @8% $267M–$452M $481M–$934M $1.17B–$2.92B $2.24B–$3.60B
Undiscounted 30yr$831M$1.85B $5.65B $8.37B
TMC Fee NPV $54M identical across all scenarios — volume × $100/t × 1.025ⁿ, not price-dependent
Circular Royalty™ NPV $66M identical — 120% × TMC, volume-based, commencing month 13 per COA
GEV Component NPV$162M $515M $1,823M $2,758M
SCALE · Revenue at 400 TPD (4 modules)
Annual Rev @ 400 TPD$39.6M $125.6M $444.8M $673.2M
V_term NPV @ 400 TPD$1.13B $2.54B $7.77B $11.52B
OPERATIONAL
Dominant RevCon TierRC1/RC2RC3 Baseline ✓ RC4/RC5 selectiveRC4/RC5 full
Lender UseCOA covenant floor DSCR reference ✓ Upside scenarioInvestor ceiling
Revenue Uplift vs S1—+217% +1,023% +1,600%
Forward-looking: All projections use RevCon 3 baseline per ACM Voice Standard Sec 12–13. RC4/RC5 tiers are optional upside only. Not a guarantee of returns. Scale projections assume linear throughput scaling.
ACM Scenario Analysis v5 · URVS Stage 5 · Voice Standard v3.8 Compliant · 100 TPD Manufacturing Feedstock · Pregenesis → Regenesis → Regenesis MAX → RevCon™ · Feedstock balance verified: 100 TPD · WTR family: 15t Liquifact/condensate + 27t FC Water = 42t combined · Designed for near-zero residual · No combustion — Microwave Catalytic Reforming in anoxic environment · CONFIDENTIAL — © 2026 ACM Standards Committee / Carbotura, Inc.