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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials
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

Thermal Energy International Inc > Key points ...
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Comment by panapple42on Dec 13, 2022 4:52pm
98 Views
Post# 35169537

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Key points ...December 2018 NG was 29 Euro/MWH.  In July 2021 it surpassed ~29 Euro/MWH, the first time since
2018. Since July of last year the price has gone from 29 to about 140 Euro/MWH, where it sits today.
Furthermore, a major source of gas has been disrupted indefinitely.  It is still unclear how this will be 
replaced but it is almost certain to cost more that it did back in 2018.  

If you look at the long term gas chart you may notice the price of gas was stuck around 25 for the 
past 10 years or so, a pattern not unfamiliar to TMG investors.
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