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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Comment by Tan4646on Nov 12, 2024 11:47pm
138 Views
Post# 36309517

RE:nice contract

RE:nice contracti think because we are so exhausted as long term holders at the inexplicable valuations this has seen... is renewable nat gas even ligit as a buiness model,, is the brazil thing a one shot deal with no follow up? why a doubling of the market cap now, because of one 6.5 million dollar contract. 

the only reason they are not out of existence is the fact that they are so capital light,,, no real assets, so therefore little debt,, net income is negative, no real cash flow other than comversion of recievables, mgt changes... tiny backlog

at noon today the market cap doubled from where it was 4 days ago... who needs that whipsaw if you are trying to invest and not gamble on one cantract announcements, 

for that volatility i might aswell buy crypto,, (which i have) and get better returns for what has bee alot better risk,, all the while mgt is almost silent for long periods of time... 

the only analyst had the target reduced to 5 cents... 

i think once this "big' reaction is over , its back to the slide down....

just my opinion


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