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Bullboard - Stock Discussion Forum 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... see more

TSXV:AXE - Post Discussion

Acceleware Ltd > AXE Equipment
View:
Post by Aklavik on May 12, 2022 11:41pm

AXE Equipment

The Alberta Energy Regulator application called for up to three 1000 bbl production tanks per well-this is line with last company statement indicating production is consistent with ramp up of heating. 

The application also requested a 5 year confidentiality period on technical information and data to develop, patent, and protect competitive advantage. This may limit more immediate, detailed information some may expect, but the company also stated milestones will be announced. The expected performance is high efficiencies within the corresponding modelling simulations already in the public domain, so not a secret. 

Geoff mentioned in prior interview the expectation is our oilsand partners would likely be first adopters of RFXL-logical and looking forward. 

Key insiders demonstrated immense confidence announcing a buy into the PP Denbenture Offering before the power switch was even turned on.

All good from my perspective.

Comment by Lurker11 on May 13, 2022 9:27am
Good research Aklavik.  Multiple 1000 bbl tanks means they are expecting/getting enough production to warrant this amount of storage (likely in the 100's of barrels/day with this much capacity). Typically storage capacity is sized to handle any surges in production and multiple days worth to allow production to continue should there be transportation delays (weather etc.).  I see in ...more  
Comment by Saskisnow on May 13, 2022 12:31pm
They did build the containment capacity large enough to allow a second tank, so they must have planned for it. "My opinion only", LOL
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