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Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  CWSFF | V.CMC.WT

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


TSXV:CMC - Post by User

Comment by oilcan2012on Mar 20, 2024 9:55am
250 Views
Post# 35942568

RE:Time to load CMC before news release!

RE:Time to load CMC before news release!It is a wait and see moment. CEO Jackson has had to clean up a colossal mess from the previous regimes and normalize the business to the point where financing is possible. 

It's a reasonable theory that the original Cielo technology wasn't market ready with capital sources practically non existent. Hence Expander. Prudent move. 

Next milestone is financing and 'when' achieved, other accretive opportunities that will benefit shareholders while the production facilities are built out.
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