RE:RE:RE:Sheet showDougInGreen wrote: They claim they are already producing high sulfur diesel and are ready to produce continuous flow. It would certainly be nice to see some pictures of the plant running. If you read all the operational updates in the press releases going back to 2017 you can see there have been a couple of times they said they were close but then ran into obstacles. Originally they were going to contract out the desulfuring but ended up having to go back to university of Calgary and figure out how to do it themselves. Now they have that piece and have been using strong wording to indicate they are 100% ready to go. Just got 10 million dollars to buy another piece of property and start building on. University of Calgary hasn't done anything to distance themselves from this. If it's the real deal could you live with yourself for missing out on something that you had known was going to change the world?
Either its all an elaborate and very criminal lie, or they've basically figured out how to do alchemy. Should I be nervous about having a considerable position in a company that claims to be able to do alchemy? LMAO
Removing sulfur is not new, the technology exists, other companies do this already. My understanding is that they wanted in an in-house solution, not a more expensive purchased solution. Another cost savings advantage. Too many on here are worried for desulfurization to work and think it's the holy grail when achieved. It may have an impact, but imho it won't be the action to creates the big move. In my mind finishing the continous flow and executing the JV deals will be huge. Even with working technology, all it takes is one mistake, one breakdown to delay continous production required and this stock will drop fast. I fear a freak accident or silly mistake more than anything. If they do execute the JV deals, I fear JV funding. We really have no knowledge if those funds are in place. I trust management that they are, but those would be my concerns more than the sulfur. I'm long, GLTA