Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

OTCPK:EUCTF - Post Discussion

Eurocontrol Technics Ord > Philippine Fuel Marker – Status Quo
View:
Post by kidl2 on Jun 19, 2017 3:42pm

Philippine Fuel Marker – Status Quo

Latest article as far as I know:
https://business.mb.com.ph/2017/05/30/fuel-markings-tor-out-soon-boc-chief/
 
We know from previous articles that there are 4 bidders and using this article, we get ...
  • 2 Bil PHP = US $40 Mil up front capital cost (labs etc) and
  • 9 Centavos = US $0.02 per liter which was also mentioned in other articles
The up front capital cost and the low cost per liter seems to point to a marker only contract which would mean that even if SICPA/GFI wins the contract there would be no guarantee that Xenemetrix will benefit.
 
If you really think about it, buying a tamperproof marker while maintaining control over logistics / testing is the perfect solution. Honest government officials / bureaucrats now have even more control over who gets to play and who doesn’t.
 
A 1 in 4 chance to win the contract with the selection process to finish Jan/18 pointing to mid / late 2018 implementation leaves a best case scenario of EUO collecting royalties for 2 to 2 ½ years with a potential EUO royalty guesstimate down from $5 Mil to $2 Mil per year based on this back of this envelope calculation and the new info.
https://www.siliconinvestor.com/readmsg.aspx?msgid=30991290
Comment by Raptorman2013 on Jun 19, 2017 3:46pm
Don't believe anything Kidle2 posts on this board... Look at his ignore list. He actually might be SH!T-SPA, with a pair of dress pants on...
Comment by zenvesting on Jun 19, 2017 5:19pm
This article make more specific reference to a timeline for implementation "contract awarding eyed to be in the third quarter......rollout of the fuel marking system by January 2018": ENQUIRER.NET Fuel Marking in 2018
Comment by kidl2 on Jun 19, 2017 5:55pm
It’s probably safe to say that the program will be rolled out just as soon as the “interested parties” agree on how the pie will be divided up.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities