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
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