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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 > The trend of ever smaller Flu-Ace orders has been broken
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Comment by ARIMA11on Sep 13, 2023 11:24am
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Post# 35633841

RE:RE:RE:RE:RE:The trend of ever smaller Flu-Ace orders has been broken

RE:RE:RE:RE:RE:The trend of ever smaller Flu-Ace orders has been broken
Polque wrote: I only hope that this morning's news is not precursor to a disappointing year end financial result.


Great point. Let's see if they can actually grow the backlog to 30 or 40 millions. It's now 20M?
As someone also mentioned let's see if they can grow their cash balance for acquisition.

Great start but it will take alot more for the market to be impressed here.
Potential is there. It's really up to TMG to execute.

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