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Bullboard - Stock Discussion Forum Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  CWSFF | V.CMC.WT

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood... see more

TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > Grants and timelines
View:
Post by Mari2019 on Oct 22, 2020 2:41pm

Grants and timelines

A couple key takeaways that are spurring the sell off IMO are the inability to secure any government grants or funding, despite at least two tours of Aldersyde with government officials. Very disappointing. And also to hear a near 24 month timeline before new plants are operational is also disappointing. Are we looking at more raises to fund operations for two more years. Yikes, not as positive as I'd hoped.
Comment by Rp1983 on Oct 22, 2020 8:25pm
How long did you expect a fully operational plant like this would take to build? Must live a sheltered life... think amazon was just gonna drop it off?. Lol
Comment by Aristhefuture on Oct 22, 2020 8:27pm
This post has been removed in accordance with Community Policy
Comment by TradeTracer on Oct 22, 2020 8:54pm
That's what I was thinking Don even stated that the actual construction side of it all doesn't take very long, it's all the government regulations and red tape to get through that takes the longest... True with every project nowadays...
Comment by TradeTracer on Oct 22, 2020 8:58pm
The NWR diesel refinery they just completed outside of Redwater was an idea back in 2003, and it took them 17 years to get to where they are now... Thinking about it, maybe that's why the government is being sluggish to back Cielo with grants because they still have a ways to go to recover their investment in NWR
Comment by Mari2019 on Oct 22, 2020 8:57pm
Aren't you the smart one. The timeline is a concern, because they are a cookie cutter design bud. And my other major concern, if you would of comprehended what I wrote is the inability of management to convince the government this was a viable project to invest in. If you hadn't noticed, a biorefinery near lacombe was just awarded a 10M grant through the TIER fund from the provincial ...more  
Comment by TraderJo2 on Oct 23, 2020 8:48am
The investors didn't respond to their news, the market maker funds took advantage of the webinar event to pump it up then dump it. It had nothing to do with the retail sector I assure you. As long as the news flow continues on a very regular basis it should be fine. See how the company does with that.
Comment by SmartPodhotzone on Oct 23, 2020 11:38am
they need to fix balancer shhet its a mess 100 debentures royalties on funding two years ago exicting debt to settle this year going to be 1 billion shares
Comment by aspen865 on Oct 26, 2020 2:38am
This post has been removed in accordance with Community Policy
Comment by poliden on Oct 27, 2020 1:04am
This post has been removed in accordance with Community Policy
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