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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Technology Software - Application
Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Acceleware Ltd
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(1)
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Comment by youngkidon Aug 25, 2016 12:17pm
127 Views
Post# 25176360

RE:RE:RE:OpenCL Training in Munich

RE:RE:RE:OpenCL Training in Munich
youngkid wrote: Thanks for the information. Although AXE is a rather small company they’ve worked with a number of large and reputable companies. This is a great sign of validation that AXE has great products and management team and should help the company grow once the RF process is commercialized and spend in the oil sands increases again.
 
I’m hoping to hear back from the company, but does anyone know:
 
-Have they selected and finalized the deal to build the pilot program
-Cost to AXE to build the pilot program
-How long it will take to get initial results from pilot program once they begin
 
Thank you,


Is it fair to assume that non of us know the answers to the above? I'm not bashing as I own shares and bought more this week. The market got excited about the RF news, so now i'm just trying to figure out the timelines just as I would about a drill program for a resource play.

Thank you,

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