Post by
Co2Harvest on Sep 18, 2017 6:37pm
Let's not forget that CST has a 30tpd market-ready solution
If we set aside the fact that Serres Toundra is only a first, and to-be-completed project, one could argue that they have a sellable 30tpd solution. We are past the experiments for 30tpd sized installations. So from that, I have two questions: A) What does everyoneg think is preventing additional sales of 30tpd units (beyond CST's team, i.e. is it an industry issue?), and B) To CleanerFuture's earlier point, how much longer can CST afford to wait before they run out of working capital, and some smart company gobbles them up? Their patents are worth roughly $20mil if I recall correctly. Is that the end game?
Comment by
Lukasdupola on Sep 18, 2017 6:50pm
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Comment by
Co2Harvest on Sep 18, 2017 7:03pm
I just went back to the May 2017 investor presentation and from that, the patents are worth between 13 and 23mil USD (three figures were quoted), so it may actually only be 13mil for the approved patents but I'm guessing on that one. I agree with you, I don't know how they are paying for the Kiverdi project.
Comment by
CarbonWarrior on Sep 18, 2017 7:28pm
VCQ is paying for it and part of admin expenses Toundra grant would also cover admin exp. Scared? Robert will fund any short fall he did it last year. Also i have deep pockets and will be glad to inject. Still scared? Wait for the rest to unfold. Lets make carbon great again!
Comment by
BiggieSmall on Sep 19, 2017 10:14am
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Comment by
HyperCube on Sep 18, 2017 8:11pm
I have been a share holder for nearly 13 years. They haven't had much more funds then they have now at any point in those 13 years. They have always been low on cash, but they could always raise some more. It did dilute the first share I have bought. But I see no reason why they can continue without being gobbled up for another 13 years. I expect to be receiving dividends from CST by then.
Comment by
Co2Harvest on Sep 18, 2017 9:49pm
Thanks HyperCube. I am glad to know that they are capable of surviving over long periods without a lot of cash. At least we can say that there isn't a lot happening in Carbon Capture, in general, right now (i.e. lack of sales isn't unique to CST).
Comment by
michelleb33 on Sep 18, 2017 10:17pm
continued selling at the bid pushing this down. This is going nowhere