RE: RE: RE: RE: RE: RE: h20 unitMlucci I would think the first CANCEN unit took so long to become operational was because of the amount of data that would be required in order to meet the requirements set by the ECRB. All data collection would have been complete and approved. I would assume that they would continue to test the amount of hydrocarbons in the water continuously to maintain proper up to date data for future customers. This will also make it easier for new units to be placed into production in other CANCEN facilities. Whether the unit is running at full capacity right now is inconsequential. It is up and operational and if it isn’t now I’m sure it will be running close to 100% soon. IMO this might not take as long as some of us think as the lions share is done.
Not to mention the location that they have chosen to run the unit seems to be strategically located for easy access to all major oil and gas companies in Alberta. This is also very important to note!
All though we would all like to see the share price skyrocket in a day that is not the way it works. It would take time for news like this to circulate to all of the fence sitters. They are all doing their DD and I am sure as more people are aware we’ll see a higher ask price with people willing to pay for it. Of course some revenue from the unit would not hurt but I could not see it making any difference until we have a couple more. As pioneer69 said “it’s only a matter of time” .
Looking at the gulf, as out of reach as it may seem there is potential and I wait to see what sort of move WSCE can make.
There are somewhere between 3300 and 3800 oil platforms operational in the gulf. They all process an incredible amount of water daily. Most of it barged back to the mainland for further remediation. Imagine the savings and recovery if they are able to do it on site!!! Still we would need someone to sell it....
https://en.wikipedia.org/wiki/Oil_platform
Comments?