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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It 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 (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by Barrhaveniteon Apr 03, 2000 12:21am
229 Views
Post# 1710402

The week ahead

The week ahead Their has been some posts suggesting some selling next Friday afternoon after the AGM, if a contract is not announced by then. I wouldn't want to be timing that with the possibility of the NR coming before the markets open the foillowing Monday. We can expect a small contract anywhere between a half and 2 mil. As far as a buy out goes, I believe it would be best for Thermal and its shareholders to allow for growth first. If Thermal can do 6 mil this year as expected and double to 12 next, and continue with 100% growth, our shares will greatly appreciate more than a buyout at this point. Lesabre
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