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Bullboard - Stock Discussion Forum Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.

GREY:EORBF - Post Discussion

Orbite Technologies Inc > I would expect news Wednesday May 1st..
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Post by Baracuda71 on Apr 30, 2019 8:58am

I would expect news Wednesday May 1st..

I am very eager to find out how the new process is going, statiscally they tend to give news on Wendnesday and it's been 2 months alreadsy.

I would think that their new system is working, but only concern is that I hope the low heat pre-calcinator  doesn't create a bottle neck to the main calcinator

If we don't have news soon then I would expect that the same silence we had in the past means bad news..  

let's wait for the next press release and hope we get some nice juice out of it.  If they eventually emerge from bankruptcy, we'll see what's in store with our shares..   
I can't believe I've been a stock holder since 2011.. already 8 years has passed.  
Joe
Comment by Wildville on Apr 30, 2019 7:22pm
i always have huge hopes for orbite. and always have been disappointed. hopefully things have changed. go orbite go
Comment by growthnprosper on May 01, 2019 10:43am
more likely a PR next week as they are still ramping up production
Comment by Baracuda71 on May 01, 2019 6:05pm
That would make sense. After all they have to demonstrate the plant's capacity - not like in 2012 when the capacity was only 50kg of HPA a day while they were saying less than 1 tonne per day.  Joe
Comment by growthnprosper on May 02, 2019 7:24am
Lots of technical things to test as they rampup, and they cannot make any mistakes, so this process has to go slowly.So hope for a good PR next week. Then the search for financing starts. Fingers crossed!
Comment by NeotraderQC on May 02, 2019 1:26pm
My understanding is that financing will nt be an issue should the process work as intended, but rather they will have a choice as to which partner (s) they want to go forward with, including the gov't say on this due to the ties to gov't financing.....What we need to see if is it does work as intended, and I am optimistic this time around for a bunch of reasons I won't go into, is how ...more  
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