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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by Mostlyseriouson Sep 13, 2022 8:59am
105 Views
Post# 34958951

RE:RE:two in a wek

RE:RE:two in a wekI should add that I see the value of this NR in the form of demonstrating cross-selling opportunities because the size of the project is not head turning. That should only elevate performance expectations and hopefully they will rise to the occassion i.e. as said in the Sofame acqusition NR, they should be going back to many clients offering something suitable compared to something that did not pan out. So, the market size should increase tremendously and there is no way we should be seeing long periods of time without any contract announcements.
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