OTCPK:EUCTF - Post by User
Comment by
kidl2on Feb 18, 2018 2:26pm
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Post# 27580714
RE:RE:RE:EU SCHEER committee evaluation still ongoing
RE:RE:RE:EU SCHEER committee evaluation still ongoingZen: EC tender ... I am sticking with what I said Jan 16. CM2, which is nott SICPA not being the leading contender simply based on cost and performance. Why all 4 were advance to Scheer is anyone’s guess. My personal guess, it’s “politics”, “procedure”, call it whatever you want. It should also be noted that these tests were conducted using systems you consider “dangerous”. The fact that the EC allowed them in tests, contradicts your take.
As for other opportunities outside the EU, you are undoubtedly correct but the fact remains that these contracts don’t come easy. None of the major players seem to have won anything of any consequence in the last couple of years. The reason for that remains factually a mystery but one with compelling theories.
To “bring up” the SICPA / Arundo contract is imo nothing more than another shot in the dark. Yes, it could be somehow connected to GFI. It could just as easily be completely unrelated to GFI. It strikes me as some sort of technology which monitors the quantity of oil from wellhead to final destination but there is nothing (that I could find) which ties Arundo’s tech / services to any kind of marker.
And finally ... You once again stress the EUO opportunity since it’s trading at +/- cash value. This argument doesn’t hold water with me as long as EUO lives off the SICPA royalty payments while blowing way more than these payments in their 3 subs. As I said before, “cash is trash” and EUO’s cash has never produced a profitable venture.
The one which bugs me the most ... XwinSys. EUO’s poster child for the last few years with all kinds of “promises” and a big fat zero in terms of results.
This thing is dead IMHO and it’s the only reason Croptimal is now the “flavour of the day”. They needed something / anything to divert attention from XwinSys to keep this game going.