Post by
Mari2019 on Oct 16, 2020 10:11am
LPH
I'm quite surprised this stock is holding back at these levels despite the reported 800 LPH news release. In the past the news releases have been a bit over exaggerated as far as timelines, etc. Not sure what it'll take to get this moving into the teens and beyond. The bloated share float is a problem for me. But, if they hit 1000 LPH and RenewableU starts building plants, I expect further plant locations to be announced. This would send this well into dollar land IMO. DYODD.
Comment by
JFKFKJGKF on Oct 16, 2020 10:46am
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Comment by
TradeTracer on Oct 20, 2020 3:58pm
I believe it is the 7.5c warrants that are truly holding this back I've seen it quite a few times where the warrant strike price plays an anchor for these companies, it was one point of dissatifaction when I first found Cielo. These small companies are always hard to secure funding without big sacrifice, but without it there's no chance
Comment by
SmartPodhotzone on Oct 22, 2020 12:27pm
watch many more million raised at 8 cents lol
Comment by
TradeTracer on Oct 22, 2020 1:57pm
Sounds promising, and Don sounds very optimistic Imagine if he could show the world he can meet his goals? The stated disapproval of a permit because his ambitions were too high? I hope he finds a place that will let him try at least
Comment by
TradeTracer on Oct 22, 2020 2:05pm
Correction, that may have been a grant disapproval, I will have to listen to the webcast again to confirm
Comment by
lscfa on Oct 22, 2020 2:53pm
They producing 800 lph of high sulphur fuel. There may be some demand for that but they need to get on with the desulphurization process or they will have to throttle back.
Comment by
Tandabo on Oct 22, 2020 7:22pm
If I'm not mistaken the high sulfur diesel can be used in (all) marine operations so is salable albeit at a lower margin. The low sulfur diesel, </15ppm, is required for highway use. also this renewable diesel can be used 365 in cold climates because it's water content is much less than traditional bio-diesel sources. >
Comment by
Rp1983 on Oct 22, 2020 8:27pm
Farmers bought their last supply of diesel at a premium price of $1.50/L