FormerXBC Inc XEBEQ

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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.

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FormerXBC Inc > Xebec Announces $113.5M Order for CO2 Capture and Sequestrat

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Comment by Ciaoon Apr 12, 2022 6:12pm

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Post# 34598484

RE:RE:RE:RE:Xebec Announces $113.5M Order for CO2 Capture and Sequestrat

When the MOU was first announced, it was in negotiations to support an order in excess of $100M USD for 51 units, one would think that once finalized the order would exceed $100M USD if more than 51 units were sold.

$100M / 51 units under the MOU was $1.96M / unit (averaged out as there are 2 configurations), the average price is now $2.23M / unit. In comparison, a BGX V2 unit was about $1.5M USD, but with inflation, likely higher now.

ZouZS3 wrote:

babedinkleman wrote:

Ciao wrote: Given this MOU came quicker than one would have thought and also 13.5% more for the same number of units, this was somewhat unexpected and analysts will need to update their models and share price targets and ratings.

To be fair the earlier news release said the MOU supports negotiations for an order 'in excess' of $100 million USD....and it is.

That was a pretty quick and clean release. Jim just dropped execution on the table. Jim's comments are very brief. He's got nothing more to add. That's confidence & assurance.