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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 JeffreySon Nov 21, 2024 12:30am
43 Views
Post# 36323113

RE:Axe Tech 4 Oil And Gas Not A Write Off!!!

RE:Axe Tech 4 Oil And Gas Not A Write Off!!!Scarlett: You should have bought Hydrograph, it just got its first contract yesterday and has about 8 more contracts expected by the end of 2025. I expect a double by February 2025 and up 5 fold by end of summer 2025. And up 10 fold by summer 2026. About in line with what I told you. As to Axe. I will continue to hold for the very long term, but don't expect any sharp increase in share price until it has contracts. While it appears to be very activeliy promoting its technologicial opportunity, it could still be some time until the first contracts. I suspect we could be waiting until 2026 before the first contract.
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