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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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

Comment by Possibleidiot01on Dec 15, 2023 4:22pm
87 Views
Post# 35787463

RE:RE:RE:RE:From planet Microcap

RE:RE:RE:RE:From planet Microcap
ckwong wrote: Most recent projects, the payback period are about 2 to 2.5 years. This is no brainer for the customer. After that the maintenance cost is 1% of the project if I hear it right. This is good money but quite low. I would prefer 2-5%. However, we have to understand that there are many competitors out there which have very deep pocket, for example Johnson and Johnson. Bill has to be conservative.



You start well but at the end you're really off the rails because there is no way JNJ is a competitor ; JNJ is a potential customer .



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