Fantasy wishBeen thinking about the cash crunch AXE is navigating.
This idea I have been thinking about is purely wishful thinking but would be quite a boom.
AXE could negotiate with Cenovus, Suncor, and mystery partner #3 to take an equity stake in the company. They could each buy 5 million shares at 2 dollars which would be a approx 10% fully diluted in the company. The 2 dollar price is just a wishful thought but because they have all the data up to this point and they kinda know if they would move forward with implementing CTI at one of their sites they would have to buy at more of a true value.
This would provide 30 million to AXE and a big vote of confidence sent to the market that this technology is the next big thing for getting to net Zero.
Once again this thought is full of holes but what a Xmas present that would be.