RE:CHOA Presentation Thanks Malton for posting the video link.
I thought Mike did a great job especially as he was 'off site' remotely narrating
the presentation for the audience. I learned a little more from some of the
slide upates on the numbers regarding samples of operating costs and the
timing of operations etc. Plus, it was good see a picture of the first truck of
oil shipping out from the Marwayne site !
Overall to me, it seemed that the presentation conveyed that the pilot so far,
has been pretty much 'mission accomplished'. Yes of course, there is no doubt
more tweaking and tuning which will go on for another few months yet. But, as
they produce and ship out more oil hopefully, the company can soon see some
decent income to add to the next Q2's and 3's figures just on daily oil production
alone from their site. Everything else regarding securing potential sales contracts
etc. for the RF XL Tech in N. America and around the world, will be where hopefully
the really big dollars will eventually begin to happen.
And for further down the road, the CTI heating technology for all the other non- oil
markets, will just be the icing on the cake. All just my opinion of course.
Yes the CHOA audience questions were not easy to hear clearly but again Mike
did a great job of answering so we got the gist of the question. It was also difficult
to get an idea of the CHOA attendance numbers but either way, let's not forget we
have the real big presentation this Tuesday 7th at the Global Energy Show
which is all live as far as I understand it and goes on for 3 days! GLTA.