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Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), Chicago based MixOnSite USA Inc. (MOS) and Bellingham based Pacific International Grout Company (PIGCO).


TSXV:CVX - Post by User

Comment by kingscorpionon Mar 22, 2023 10:12am
140 Views
Post# 35353408

RE:CEMATRIX Announces $4.5 Million In New Contracts

RE:CEMATRIX Announces $4.5 Million In New ContractsWell total contracts at hand is now $87.4 mil Bidding pipeline $420 mil of which CVX has put their bids in all of them. Around $12.5 to $13.5 mil in cash which is about .11c per share So we trade 1.4 x cash while a lot of companies trade up to 10x cash. Now I'll get this out of my chest if the warrants expire worthless don't panic the total share count stays where it is now at 133 mil shares instead of 175 mil. Probably better choice going forward. When they report earnings they only have to pay 133 mil ishares nstead of 175 mil. Hold long and strong!!
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