Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.


TSXV:AXE - Post by User

Bullboard Posts
Comment by Lurker11on Jul 28, 2018 2:13am
85 Views
Post# 28380500

RE:RE:RE:RE:RE:RE:What is holding the SP back?

RE:RE:RE:RE:RE:RE:What is holding the SP back?If you read the news release it says “Acceleware completed a multi-faceted partner selection process  in which several major, mid-size and smaller operator candidates were assessed.” This was consistant with what I was told also and what I said on a previous post.  Not sure I would characterize that as “banging down their door” but unless you are saying you know that they are lying  there was good interest in participating in the project and ACCELEWARE CHOSE Prosper for the reasons I believe may be as follows:
  1. Greenfield with no potential influence fron nearby steam injection that could potentially affect the data. The site is remote which has challenges but good as there is no proximal steam injection.
  2. Recent approval gives them immediate access
  3. Alignment of strategic goals
  4. Have to give up very little ($ or ownership interest).  Only a prefered rate for Prospers small Rigel project.
  5. Get the engineering support they need to execute the commercial scale test
The limit to goggles’ contribution is his interpretation of google earth.  Obviously the commercial scale test is everything and the needed extra $ is a concern in the mean-time. 

Bullboard Posts