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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials
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

Thermal Energy International Inc > The significance of these 3 orders...
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Comment by AlbertESGon Nov 12, 2024 4:29pm
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Post# 36308951

RE:RE:RE:The significance of these 3 orders...

RE:RE:RE:The significance of these 3 orders...
Some clarity is still lacking. The NR mentions that these orders were received in the past 3 weeks. The last backlog update that was provided was dated 28 October. That was only 2 weeks ago. Are these orders in addition to the 18.4 million backlog, or are some of these orders already part of that 18.4?

Why didn't they use "subsequent to the last report" or "so far this month" or some other language along those lines? It matters if you're trying to use the information for analysis purposes.
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