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
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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
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
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Comment by
poliden on Oct 27, 2020 1:04am
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