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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

McCoy Global Inc. provides equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based platform and digital infrastructure enables digital product offerings and enhancements. Its real-time, remote data transmission infrastructure supports its ability to integrate, digitize and automate the historically manual processes of tubular makeup through its smarTR. Its smarTR product suite includes VTR Virtual Thread Rep, smartCRT Casing Running Tool, smartFMS Flush Mounted Spider, smartTong and smartTSA Tailing Stabbing Arm.


TSX:MCB - Post by User

Post by drunk@noonon Sep 27, 2024 1:31pm
398 Views
Post# 36244347

okay, PossibleI-better?- I have no idea why you keep

okay, PossibleI-better?- I have no idea why you keep refering to a PR from april 2023. I refer to august2024 Q2 PR which informed one and all that they sold 26 FMS in the first 6 months ("Revenue in the first half of 2024 included sales for twenty-six (26) of McCoy's FMS tool, an innovative technology )
Now, what you are saying is during the presentation, yesterday, when the CEO stated they were expecting to sell 100FMS.s.  The 100 unit sales figure wasn't refering to sales that would take place this year (2024) but instead referred to the total units sold in the history of the smartFMS product. Is this correct? In which case they won't sell 74 units in the second half of the year, but a much lower number that relfects the number of units sold in 2023 and before. Is this the point you are trying to make?
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