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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 Jun 07, 2021 10:40am
101 Views
Post# 33339774

RE:Finally - some to discuss about TMG

RE:Finally - some to discuss about TMGIMO, GEM are our first class ticket and hopefully the trend continues with the existing clients and they catch fire with new clients. GEM and HeatSponge carrying the torch during the challenging times. If spending on these fronts is increasing by clients, I cannot think otherwise that their interest for turnkey projects is not rising as well, but we have to be more patient for the awarding because of Covid. Don't know about HeatSponge, but GEM margins are very, very healthy, and for that reason I always thought that GEM could have been a separate business. it is not, and therefore gives us a chance to capitalize...other GEM opens doors to other projects, or other projects open doors to GEM. I think 2022 will be a banner year, and crazy if it includes a mega project. A little bit more patience.
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