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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

Comment by L.A.on Jun 25, 2024 12:07pm
121 Views
Post# 36105139

RE:RE:RE:Now that that is handled we can all relax

RE:RE:RE:Now that that is handled we can all relaxI like your optimism Jeffery but unfortunately I dont share your view.
I follow a few commodities experts and they have been very bullish on oil for a few years but it never materializes. Most of them said we would be over 100 in 2023, then late 2023 then 2024 due to low inventories. The price is range bound and will be held in the 75-90 range because that is the best medium for producers to make money and economies to run efficiently. If it gets to 150 or 200 governments start putting pressure on OPEC and oil producing countries to scale back. Unfortunately it seems like supply and demand is not the driver for oil pricing. Politics now determines the price
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