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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by tamaracktopon Apr 04, 2022 10:40am
156 Views
Post# 34572929

It's a rare occasion that I completely disagree with Ciao

It's a rare occasion that I completely disagree with CiaoI not only disagree with him, I think he's wrong.

When I suggested that this week's RNG Forum would be an ideal time to announce the first Boo contracts, I didn't mean they would announce them at the actual forum, I meant they would announce this week.

In all fairness, he may have misinterpreted my post when he wrote

   "
no hype = downplay

This RNG forum was planned months in advance and announced about 7 weeks ahead. Any LOI or any contracts related to the partners for RNG (BOO), hydrogen would be a coincidence. When a material event occurs, it's announced. XBC has a lot on the go behind the scenes, we don't hear about it tll it's announced (ie. MOU with Summit)."

Or perhaps it was I who misinterpreted him.

I'll point out that Xebec has a well-known policy of not releasing news of individual orders unless they have an impact over $10 million.

The MOU Ciao refers to was only announced because of its sheer size. 
It's $126 million.

Any individual Boo project will produce zero revenues in the fiscal year its announced, so it follows that Xebec can't be held accountable for withholding material information if they delay announcing any Boo project for a week or two.

It's entirely possible that when this Forum was first announced several weeks ago, the Quebec government and GNR Capital Quebec were confident that at least one of the previously announced LOI's would be signed into contract before the forum began.

I see a high probability of news on Boo this week.
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