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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

Post by ztransforms173on Sep 18, 2023 12:27pm
171 Views
Post# 35641563

9/19/2023: Anticipated SIX-WEEK RF XL WORKOVER Date Limit

9/19/2023: Anticipated SIX-WEEK RF XL WORKOVER Date LimitThe Acceleware team commenced final on-site workover operations on August 8, 2023 after completion in the first half of 2023 extensive design, procurement, shop testing and de-risking of repaired parts, upgraded components, run-in-hole procedures, and deployment tooling. Based on initial progress, Acceleware now anticipates this stage of the operation to take approximately four to six weeks, contingent upon weather and other factors. Power up and heating is expected to commence shortly thereafter.

- let's SEE IF we get an AXE news release CONFIRMING that thw WORKOVER has BEEN COMPLETED this week ?

- JUDGING by the WHISPER FEELING of the AXE stock price performance (@ $ 0.195 per share), it SEEMS that the WORKOVER is FAR FROM COMPLETE ?

z173



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