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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by ElanS2on Sep 21, 2016 10:23am
266 Views
Post# 25260296

RE:Takeover bid ?

RE:Takeover bid ?The hidden value of the IP is what makes Orbite so interesting. They have built a fantastic machine like no other to apply the IP.  Super heated steam at 750 degrees, wow, and it is under control, double wow. If this thing operates without a glitch it will be fantatsic. Until that happens this is still just a speculation play. After that it will have to be able to make profits. Only then will we be out of the woods and into the bank. When that happens the IP will really be worth something. Even if the machine has some teething problems they will not break the enterprise as long as they are minor and can be repaired. A production run proving that they can control the quality over an extended period and prove the economics is all that is required now and should be in the bag by the end of Q4. This is not a machine that will be shut down for evenings and week-ends so hold on to your hats folks, things are going to happen fast.
Bullboard Posts