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.

Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by AlbertESGon Oct 20, 2021 1:44pm
100 Views
Post# 34027934

RE:Maybe of interest.....

RE:Maybe of interest.....
I was thinking that we need to start seeing an average of 1 - 1.5 Flu Ace deals per month (depending on size) to indicate that we are going back towards the 20 to 25 million revenue band. There also seems to be plenty of room to improve gross margins since the payback periods are getting so short.

It's already been more than a month since the last deal, so ideally we'll see something soon. And yes, a mega project would be a most welcome Christmas present. Perhaps that water recovery project for the oil sands will get rejuvenated since the capex situation in the oil patch is improving.
<< Previous
Bullboard Posts
Next >>