RE:RE:Metricswealth2015 wrote: I don't know why company is not providing timely updates to all shareholders, what's the real motive for silence? Is some party close to insiders adding position from uninformed shareholders or? Not happy with silence but NOT SELLING my holdings!!!! I contacted company for updates via e-mail, but nothing back yet!!!! Anybody has more info about work on project please don't hesitate to post here.
I don't think we need a blow-by-blow update, everything was in the update earlier in the year. I'm sure they will provide an update soon, or maybe upon completion of construction as per below.
With respect to progress on the Pilot, the Marwayne site was cleared in early 2021, long-lead equipment and materials for the test have been ordered, and many service company partners have been selected and contracted. Subject to weather or other unforeseen delays, Acceleware anticipates construction at the site will be complete before the end of June 2021, followed by heating which is expected to commence in early Q3 2021. While the initial heating phase is anticipated to run for approximately six months, this period may be extended to allow Acceleware to capture additional information on the efficiency and operation of the technology.