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Bullboard - Stock Discussion Forum Acceleware Ltd ACWRF


Primary Symbol: V.AXE

Technology Software - Application
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... see more

TSXV:AXE - Post Discussion

Acceleware Ltd > Coming Oil Price Shock to help AXE
View:
Post by JeffreyS on Apr 12, 2024 12:45am

Coming Oil Price Shock to help AXE

Looks like both Russian and some Middle Eastern Oil might come offline because of geopolitical risks. Oil price could shoot up to $200 per barrel. Certainly, AXE will be helped by that situation. Any comments???
Comment by L.A. on Apr 12, 2024 10:32am
I don't think we will see oil at 200/barrel in this decade. There are too may forces limiting that with most of them being of the political nature. The only thing that will help AXE is completeing the test at Marwayne. When they complete the test and bring the technology to commercialization then we will see big gains in our share price regardless of oil price. You have to remember AXE is NOT ...more  
Acceleware Ltd
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