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Cielo Waste Solutions Corp. V.CMC

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

Energy Oil & Gas Refining & Marketing
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

Cielo Waste Solutions Corp. > Interesting Spec Play - How Much Cash in the Till?
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Post by Bookworm28on Oct 06, 2021 9:21am
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Post# 33972804

Interesting Spec Play - How Much Cash in the Till?

Interesting Spec Play - How Much Cash in the Till?This is an interesting spec play. Love the bounce from the lows. Does anyone know how much cash they have in the till? They're July 31 financials = 14mm cash - 11.3mm c/l = 2.7mm. Then they raised (net) 3.4mm in aug... so maybe 6.1mm, less a burn rate of 1mm a month for the last 2 months = $4mm? What y'all think?
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