RE:Second quarter results out and my opinion - Not goodHard to argue with your conclusion. For me not so much an OUCH as a yawn. Sales actually up because of Ren Energy in Kelowna contract.
Mom and Dad , are we there yet? Snore.
I will say the release really went into highlighting the size of the potential market ( maybe to appeal to our greed?)
"This week the Intergovernmental Panel on Climate Change reported that the Earth is already feeling irreversible impacts of climate change and warming much faster then predicted. Methane is seen as the low hanging fruit. For $3.6 billion Questor could install over 5000 - Q5000 units to replace associated gas flares and vents currently identified by the World Bank, eliminating not only methane but other harmful pollutants, and reducing GHG emissions 1 Gt CO2e/year at a cost of less that $1/t CO2e. The heat generated from cleanly combusting the methane would be able to produce enough power to meet the energy demand of a third of Europe."
Where would Questor get that money? How much of that TAM is realistic?