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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 lscfaon May 18, 2021 9:10pm
212 Views
Post# 33227684

RE:lscfa - new numbers

RE:lscfa - new numbers

new slide reduced to $56 million from $70 million prior.
 

"In addition to the pilot/test facility in Aldersyde, Cielo also plans to complete one corporate facility and one JV facility by end of year 2023. With all three plants operating at full capacity Cielo expects to see annual revenues of approx. $125 million with expected annual EBIDTA of approximately $56 million."

 



JustLookn wrote: Hi Iscfa. I understand cielo posted updated forcasted earnings, revised down.  This was posted on a different board. Not sure if they caught the mistake you pointed out or if it was revised down for other reasons.  Did you see the update? 

 

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