Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

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

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

View:
Post by Rollone on Mar 24, 2021 2:16pm

Time frame.

I've heard the desulphurization process will cost 1.7M per factory to implement, which is added to the current 50M price tag.  The JV agreements require 30 days of continuous operation as a condition.  Has anyone heard a time frame for implementation of desulphurization process at Aldersyde?  And assuming the 30 days would begin shortly after that?  Figure this would be next significant news.  Thanks to all those with the tech info!
Comment by sam2100 on Mar 24, 2021 2:26pm
From a previous post: "Sam, Thank you for your inquiry.  The fabrication of the desulfurization equipment is progressing nicely, and expected to be ready for install in Aldersyde early to mid-April.  The catalyst is due to arrive at the same time, so allowing for installation and tweaking of the equipment as we integrate into our process, Don estimates producing low sulphur ...more  
Comment by Rollone on Mar 24, 2021 2:54pm
Thanks!  
Comment by lscfa on Mar 24, 2021 3:58pm
"Cielo and REUI intends to enter into one or more definitive agreements forming the joint ventures contemplated in the MOU within 30 days of Cielo producing continuously 24 hours a day, seven days a week for 60 days, a minimum of 500 litres per hour of renewable fuel from garbage at the company's facility in Aldersyde, Alta."  
Comment by Rollone on Mar 24, 2021 5:20pm
Thanks. So if desulphurization goes as planned, and a continuous 60 days goes smooth thereafter, August/Sept would be best case time frame for operational proof? Lots of time for SP movement till then.  
Comment by Deluney on Mar 24, 2021 5:35pm
with these guys it'll be on time or early they always out preform, and with the new edition to the management team sales and marketing with go through the roof these guys know how to build a franchise that's for sure and together they will dominate
Comment by sam2100 on Mar 24, 2021 7:07pm
I would say that early May for the initial operational proof, if all goes well. They would need to continuously operate the plant and produce 15 ppm or less. Personally, I would be happy to hear that they ran continuously with the above for 7 days as an initial run.   After the initial run, I'm certain that they will need to further optimize. They did complete the cooling ...more  
Comment by theNorm on Mar 24, 2021 7:29pm
IMO there is very little time left before financials or some other major announcement is made.  Lionel Robins is a somewhat regular poster on CEO.ca (@lionel) and he has been very quiet recently, restricted from doing anything other than correcting obvious mistakes in DD.    This March 24 news release makes no mention of the 100% owned Edmonton plant undergoing land purchase ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities