Post by
barnsy on Feb 06, 2019 5:03pm
Is this the time to buy CST? Has this company got any 'legs'
This company looks like it could actually be something someday (once south of 49 is cleaned up). I have some cash that's wondering where to park itself. Would someone please let me know why CST is a BUY currently? Thanks, much appreciated.
Caveat Emptor,
Barnsy
Comment by
Co2Harvest on Feb 06, 2019 7:38pm
They do want royalties, there is just not market yet. They are 1 year ahead of Iventys in terms of scale, and a little further in terms of commercializing. Check it out: https://betakit.com/inventys-raises-21-million-cad-in-series-c-looks-to-raise-6-5-million-more/
Comment by
Co2Harvest on Feb 07, 2019 5:00pm
Agreed on the financing and regulatory fronts, they have already innovated so it's too late for the cleantech100 (now they must commercialise their innovative solution). I'm going to give it time yet before I write off management because until there is a market, every Ccs tech company will face the same challenges.
Comment by
wdr522266 on Feb 07, 2019 8:22am
So whats the connection that CST has with Inventys? wdr2
Comment by
Co2Harvest on Feb 07, 2019 5:04pm
No connection. Inventys is building a 30tpd demonstration unit, whereas Cst has built a 30tpd commercial unit. So Cst is ahead of them and the two companies are at similar levels of scale (for now). I think CST's tech is more elegant but what do I know?
Comment by
CarbonWarrior on Feb 07, 2019 8:33pm
6.5 millions to build 30 tpd for cst 30 million for the same size for inventys.
Comment by
Co2Harvest on Feb 07, 2019 9:46pm
Lol I know, eh? Good for them for raising the funds I guess. Good luck to them.
Comment by
barnsy on Feb 08, 2019 11:57am
Ok, thanks all, who 'chimed in ' on the RFI. It looks like a watch, not buy, not hold. If this dog ever grows legs, 25 cents will still be a cheap price to get in at. I'll keep it on my watch list and hope these guys get their $ hit together, it would be nice to see a Canadian company do well for a change, thanks. Caveat Emptor, Barnsy