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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Post by Tan4646on Feb 22, 2023 12:59pm
625 Views
Post# 35298679

40, 30, 20

40, 30, 20 Long term holder of GRN but once again Nat gas has proven to be a deceptive investment.. Current price of $2.25 US per MMBtu and RNG cost to produce 3x that ,, says GRN better conserve as much cash as possible. This will see 20 cents per share before it ever sees $1.00..

Plus with cost of capital excessive and better places to put your $$ buying equity says a distressed takeover is only a matter of time. Climate issues mean nothing with inflation where it is and nat gas this cheap.

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