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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 Aug 02, 2023 7:14pm
156 Views
Post# 35570108

RE:Basically, IMII Asked AXE To SCALE Potash DRYING Project

RE:Basically, IMII Asked AXE To SCALE Potash DRYING ProjectThere are very few Crown Corporations among all the businesses that are out there. In BC for instance there is ICBC and BC Hydro. Prior to Telus it was a Crown Corporation called BC Tel and there was Terasen Gas both of which got deregulated to allow for competition and not fixed government prices which was "monopolistic" in nature. For the most part governments are not directly in business and that too large Crown Corporations however there is what is called public private partnerships and this is what is more typical when Governments hands are involved. For instance in construction many projects that are needed in terms of infrastructure roads etc are open to companies to tender their bids and the government department say in this case roads and highways will select the company or companies for the project.

A company my Dad worked for for instance Peter Kiewit and Sons won the Sea to Sky Highway Project going up to Whistler. It was a massive one which took quite some time. I dont know how profitable it was for the company but it was in the billions huge project as they had to look after the roads that went through mountain passages and had to adjust the landscape etc.

What is most likely here is that there will be funding seed monies for people who have their companies and apply for funding very much like Axe and Aurora Hydrogen. The governments otherwise dont look to get their hands involved in all these types of things so i expect that this will mostly work in this manner. 

There was an article where there is a need to massively cut co2 emission from hydroelectric power grids and the government will be coming down hard in their targets to do so most likely as Trudeau did with the oil and gas putting them under a massive gun in which many have statef the targets are still unrealistic and near impossible to reach. Now providing axe is everything we are told and expect it to be Axe will upon proving itself massively soar and the reason i have said all that i have. I dont see a cheap sell or buy out here not at all. But like i said time will tell however ot will be crimimal to see upon full proof of what this company is to go any less than $25 as i said but really shpuld be $50 plus. Nevertheless this has to establish all this and i strongly believe it will. 

There is still work to be done but having said this it would be faulty to believe the first commercial contracts will be oitside oil and gas. I dont believe the testing cycle will be that much faster than what it has been for oil and gas. Just to run simulations took 5 months you have to remember the tech has to be built out and money raised to get it going then the testing cycle. I see the hydrogen still a year or more out but running concurrently to what we already see with the oil. The oil we know will finish next year i dont see the hydrogen until 2025 at some earliest and the potash depending how it moves the same.

People will need to be patient and keep their expectations realistic. I will be stunned if i am wrong in what i have said here. But we should be receiving progress updates etc and a lot does get done even though it may not seem that way. 

I am sorry i felt i needed to respond just speaking very neutrally and in a way i hope it makes sense where people dont get carried away in how things are likly working and going but by no means am i fully saying i know the days time frames etc and that there are not exceptions to things about Crown Corporations and new ones being established although the odds are very low at that as most dealings are public and private joint ventures as stated above.

Good luck all.
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