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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by canyousayiiion Feb 07, 2021 4:12pm
76 Views
Post# 32496672

RE:RE:RE:RE:RE:RE:Germany is emphasizing large Green projects ....

RE:RE:RE:RE:RE:RE:Germany is emphasizing large Green projects ....I mentionned PYR and KNR here a few times a few months ago. Neither play materialized as quickly as many thought, but I even bought more KNR on Friday during the run. The numbers are stupid. They signalled ramping up production to 20,000 units per month. Annualized that would be close to $3 billion in revenues. Nuts. Let's say they sell 20,000 units per year. Over $200 million in revenues. They intend to list on TSX followed by Nasdaq this year. This could be the Canadian play of 2021. Numbers are so stupid that I don't know why I am not selling my big caps to load up to the max here. I guess because of the "too good to be true" fear so I will rather add at higher levels if need be once more validation comes in.
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