TSXV:WEE.H - Post by User
Post by
mikhalon Feb 03, 2017 2:53pm
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Post# 25796833
Recent news release re Middle East
Recent news release re Middle EastWhy this release now.
1) they must disclose material news as soon as possible
2) Brett has been in the Middle East for the past three weeks ( getting something done )
3) The disclosure of number of wells leads to size of potential market in the named countries
4) how much do we capture and when is the to be determined
5)The mention of a Middle East client group ( rather than name means the client did not approve being named)
6)the results having been observed by this client are specific
7) the specific results are not just chemical savings but other overall costs of stimulation process
8) " it has been observed that Powerwave provides better and more sustainable results than conventional approaches " how much better and more sustainable will be the determinate of how much of this market will be penetrated.
9) the more sustainable will be the significant factor and easily measurable as how long the before the production drops to the level that the customer had previously scheduled his next Stim. This to me is what will take the time to a major penetration of these markets, The weeks go by and the production data continues being positive will enhance the penetration rate.
10)Thus the quote from Brett " so long as the stimulation results remain positive we are confident about a quick progression from Powerwave introduction to Powerwave commercialization in the region "
11) does this release open the doors for insiders to acquire shares as the public now knows what they know ??
Good luck to all long term investors.