GREY:XEBEQ - Post by User
Post by
tamaracktopon Mar 29, 2022 3:08am
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Post# 34554341
I think this news will be cathartic
I think this news will be catharticLet's look at some direct quotes from the release:
"to be completed by the end of Q3 2023."
"This equipment will be used for Summit Carbon Solutions’ proposed carbon capture and sequestration project"
"The equipment will be manufactured at Xebec Systems USA’s (formerly UECompression, or UEC) Colorado facility."
"Xebec is also working closely with the customer and major suppliers to manage cash flows and supply chain risks associated with the project".
“Summit Carbon Solutions is pleased to partner with Xebec"
“Xebec shares our commitment both to safety and to utilizing innovation to decarbonize critical industries like ethanol production.”
"we are excited to be involved as a long-term partner with Summit Carbon Solutions."
I don't know about you, but that sounds pretty definitive to me.
The dinkleman says this kind of news would have moved the stock 50 cents 10
months ago? Ha!
I really wouldn't want to be short this stock.
The shorts will no longer even be thinking about trying to suppress the stock, or even doubling up, they'll be scrambling for the exits.
There's plenty more news coming this way.
Xebec has more irons in the fire than the fire has logs.
50 cents?
50 cents is only $73.8 million added to market cap.
Sorry, I don't think so.
It will be at least two or three days before the market settles down.