Cielo Waste Solutions Corp. V.CMC

Re: Nrws releae

[odzie1]

0 interest loan for Edmonton. Edmonton plant is not a partnership but wholly owned by cielo. 55 million a year in bio fuel sales with lots of land for expansions. Excellent news.

[Speedy]

0% loan. Huh. You missed the part where they pay 800k and 700k in fees. That's 1.5 million. That's 15% fees. 15% interest is huge and it's a fee so their not able to pay down a loan with monthly rates quicker to save money.  Doesn't look like a very good deal to me, and a portion of it is to pay off another secured lender. If their paying 15% on this money I wonder what the

[Deluney]

no matter what there is always someone bashing

[Rollone]

10M 'unsecured' is a good vote of confidence regardless of fees    do we have any experts out there tocomment or bring info on the ease or difficulty of reducing ppm suplher content?  https://www.scientificamerican.com/article/new-process-squeezes-sulfur-out-of-diesel-fuel/

[lscfa]

You got met curious about the cost to reduce sulphur content. It is < 2 cents/ litre   Reducing sulfur levels in gasoline and diesel are integral parts of meeting the new emissions standards associated with each of these rulings and thus in achieving the expected benefits. EPA found that average costs to meet the new, phased-in 30 ppm sulfur standard for gasoline will be

[Rollone]

That sounds minimal if accurate  They have the UofC guys helping as per back in thread