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Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


TSXV:CMC - Post by User

Comment by catchascatchcanon Mar 17, 2021 10:18am
290 Views
Post# 32815723

RE:RE:Toronto facility

RE:RE:Toronto facilityAbsolutely.  I bought 45000 shares but consider this play as highly speculative, and anyone else invested should as well.  CMC has literally put all of it's eggs in one basket, and we are at the mercy of a singular customer fundraising a massive amount of capital.  Do not think that them fronting 750K is a guarantee that they'll be able to source $50M per operating plant.  One PR about this partner could fold the entire tent sadly.  What you'd like to see as a shareholder is CMCs ability to sell OTHER parties on commitments as well, and in short order.  Layer on that the fact that we're not yet producting even 1,000L/hour of low sulfur yet at the pilot facility and hopefully the risk level becomes clear.  There is a mult-year execution risk with CMC for them to achieve just a portion of their contracted build-out, so I purchased knowing full-well that these PRs are very distant future promises that may never come to pass.  That said I do like the risk reward.  IF we can get Alderyde up to 2,000L then 4,000L low-sulfur run-rate I will feel a lot better about this company.  I also like that we're looking to build/own/operate a facility in YEG.  If the business metrics are what they're proported to be, and can be proven, CMC should move more in that direction in the coming years, but out the middle man, and reap the full benefits.  I appreciate the challenge of raising such capital now, but in future if this model is legitimate, banks would gladly lend to CMC direct.  After all, a bank is hopefully going to lend to our partners based on the same buiness case are they not?  GLTA
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