GREY:COSLF - Post by User
Comment by
Co2Harveston Jan 24, 2019 6:11pm
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Post# 29278405
RE:RE:RE:We NEED NEWS
RE:RE:RE:We NEED NEWSI see it differently. They are comercializing this year (aiming for May). Page 18 of their June 2018 Investor Presentation (
link) states "profits by 2020 and cash positive by 2021" but, that appears to be dependent upon them getting capital. So they are ready for the market, but is there enough of a market for CCUS that CST can attract capital investment? Right now, it seems that CCUS is on the verge of lifting off or sinking into oblivion. I don't imagine that CST will attract investment until there is a stronger positive signal about the CCUS industry as a whole. Time will tell.
Bobby24 wrote:
This absence on news actually demonstrates the fact that CST is still purely an R&D company. They just can't commercialize their solution because it is not yet ready for market. They can't commercialise their solution also because they are totally lost outside of their lab and testing environments. They are not business people. They are just lab coat technicians and university professors who live on planet government subsidies and hand outs. Ba-humbug.