Acceleware Ltd V.AXE

Ready to Pop

[L.A.]

Saskisnow, yea watching this thing trade it would not take much to move it to a dollar.
I am thinking just the announcement of heating will do that.
Follow upped by an announcement of steam being produced will light a fire under ths stock !!

[Saskisnow]

I expect about a 30-50% "pop" when heating starts, another 100% when steam is produced, the sky's the limit, really.

[L.A.]

I think it was Whampoa that said when Axe was completing the 1/20 scale model test in the ditch it only took 3 days to produce steam. Now that we are in a full scale model does any one know how long it will take to produce steam?

[Saskisnow]

"does any one know how long it will take to produce steam?" Isn't that the billion dollar question? LOL

[Whampoa]

There will be a number of milestones on deck contained in the next six months barring more delays. For investors, which milestone will trigger more risk adverse new investors to add AXE shares into their portfolios? You are looking at first steam milestone.  What do other wildcatters here say?

[L.A.]

Hey Whampoa, I am hoping for a small pop into the .90 range upon news of the start of heating. I think we will get a serious pop after they announce steam is being produced. Question for you; did you say or did you mention that the " test in the ditch" produced steam after 3 days of heating?

[Whampoa]

I would like to know a link where/when Whampoa said that too? Most likely AXE would have originated that.

[mctrader]

This may be the source of the 3 day time period in question. From Acceleware website news release dated March 23, 2017. "The Acceleware team is pleased to report that all of these objectives have been successfully achieved during the three-day test run. The test delivered average power of 75kW, with peak power of 85 kW. Transmission line losses were below 1% per 100m, well within predictions

[L.A.]

Thanks Mctrader, I knew I read it some where. My apologies Whampoa for some reason I thought you posted it 

[skvrko]

4-8 weeks after heating starts they will announce first oil production

[Malton1]

It’s going to be very exciting soon.  Hold on and enjoy the ride (and perhaps some price manipulation).

[Lurker11]

Anyone have an estimated heating start date? Perhaps I missed this ...

[skvrko]

I was told it will start in the upcoming weeks and that was on the 8th of February, so might be anytime at this point

[L.A.]

Lurker11, Geoff Clark spoke at the CRIN conference on Jan 26 and said heating will start in about a month. so it is possible they may start towards the end of this week or possibly next week

[Lurker11]

Thanks skvrko and L.A.