Post by
ztransforms173 on Jun 07, 2023 12:55pm
I Know He Is Hard To GET But They Should TRY
- Alex Pourbaix is no longer CEO of Cenovus Energy but remains Executive Chair of the Board of Directors of CVE so he has more time at his disposal although he is still a very busy man
- the good thing about Alex is that he is one of the main front man for the Pathways Alliance and will be extensively lobbying the Governments of Alberta and Canada to get more favorable tax treatments for the BIG 6 oilsands companies investing in the $17 billion Pathways Alliance CCS project
- Carbon Capture and Storage (CCS) of carbon dioxide (CO2) emissions is the first line of opportunity to dramatically reduce CO2 emissions in the SAGD oilsands industry by 2030
- the AXE RF XL technology is in competition to reduce CO2 GHG emissions at the SAGD production sites as well
- should the AXE electromagnetic (EM) system be COMMERCIALLY SUCESSFULL than the Pathways Alliance (3 out of the 6 which made investments and agreements with AXE providing $6 million in money and services to the RFXL Marwayne project) will be very happy and so will be the shareholders of Acceleware
- were Alex to join the BODs of AXE, he would easily bring in new investors and it would be much easier to arrange a FAVORABLE CONVERTIBLE DEBENTURE financing that will RELIEVE shareholder DILUTION in the near future
- on top of that, he would add considerable leadership skills to the drifting senior executives at Acceleware
- since he is financially independent, I believe that money would NOT really interest him but enabling a TRANSFORMATIVE TECHNOLOGY to cut emissions in a major industry that he spent his career in and cares deeply about that is under economic and environmental THREAT could conceivably APPEAL to him
z173