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Bullboard - Stock Discussion Forum
Thermal Energy International Inc
V.TMG
Alternate Symbol(s):
TMGEF
Industrials
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.
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TSXV:TMG - Post Discussion
Thermal Energy International Inc
> Relax ... wait a day or 3
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•••
prone
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Post by
prone
on Sep 13, 2023 10:54am
Relax ... wait a day or 3
This is a contract from 25-1 PDAs.
24 more to negotiate.
GHG reduction necessity, LNG prices and Carbon Tax ... RULE ...
(2482)
•••
Mostlyserious
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Comment by
Mostlyserious
on Sep 13, 2023 11:12am
If I piece together recent NRs, the sales backlog at this point is $18.5 million (end of April) + three individually announced contracts of $1.1+$1.8+$4 million = $25.4 million. There was roughly $1 million in sales of smaller stuff per month earlier in the calendar year. Reduce it to $500K to take out some slower periods. This $18.5m was at the end of April. So, add a
...more
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