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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 Dec 13, 2022 10:58am
68 Views
Post# 35168414

RE:RE:RE:RE:RE:Key points ...

RE:RE:RE:RE:RE:Key points ...Half a dozen years ago we had an $11M contract just before Christmas.

But I agree that in twrms of volume, this is rhe best end to a year.

What I am saying is that nobody can have confidence in extrapolating latesr contracts due to lack of historic regularity in signing contracts.  Otherwise based on the last 3 months, the run rate for the year could be almost $50M so $30M is a gimme.  But we had virtually nothing the last two years so how much of the last two years was packed into these last three months?  Hence, how much dry powder is left after that catch-up.  

If one had confidence in this extrapolation, then I would say keep loading up at these levels!
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