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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Comment by ScarletSpideron Jul 27, 2022 10:07pm
131 Views
Post# 34855773

RE:RE:RE:Got Pilot Update News, not what people here expecting

RE:RE:RE:Got Pilot Update News, not what people here expecting
no it is not. Reread what it says. It allows the company to know how much heat to inject and work in those parameters so it is both for data collection and heat regulation. This will put things a bit behind but given this is what all the testing is about we have to simply be patient as the company goes through the process. On the whole it appears that the company is moving through the testing with minimal disruptions so something that is coming along extremely well. I wonder how the equipment got damaged would be interesting to know just for information. The plus side oil is continuing to flow for four months without the need for fresh water or solvent so at this point as people are saying we know the tech is working in this regards and there is no reason that I can see it will not continue to do so. I am pleased with the update and as stated anything below .40 makes this a buying target for me. If there is a prolonged buying period well then it means there is a better chance I will grab some shares.
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