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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

Post by JeffreySon Jun 24, 2024 6:57pm
89 Views
Post# 36104149

Now that that is handled we can all relax

Now that that is handled we can all relaxOne major positive factor for AXE is that it is very likely we are the beginning of a secular bull market for oil. And also, it is very likely that starting in 2025 the Ukrainians won't limit their attacks on Russian Refined oil product production, but on all Crude Oil production and distribution. I estimate that by 2026 the brent price will be in the range of $150 per barrel pluis.
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