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Bullboard - Stock Discussion Forum Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

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 > 9/19/2023: Anticipated SIX-WEEK RF XL WORKOVER Date Limit
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Post by ztransforms173 on Sep 18, 2023 12:27pm

9/19/2023: Anticipated SIX-WEEK RF XL WORKOVER Date Limit

The Acceleware team commenced final on-site workover operations on August 8, 2023 after completion in the first half of 2023 extensive design, procurement, shop testing and de-risking of repaired parts, upgraded components, run-in-hole procedures, and deployment tooling. Based on initial progress, Acceleware now anticipates this stage of the operation to take approximately four to six weeks, contingent upon weather and other factors. Power up and heating is expected to commence shortly thereafter.

- let's SEE IF we get an AXE news release CONFIRMING that thw WORKOVER has BEEN COMPLETED this week ?

- JUDGING by the WHISPER FEELING of the AXE stock price performance (@ $ 0.195 per share), it SEEMS that the WORKOVER is FAR FROM COMPLETE ?

z173
Comment by L.A. on Sep 18, 2023 4:33pm
Ztransform i heard through the grapevine they think the earliest heat would be turned on is now early October.
Comment by ztransforms173 on Sep 19, 2023 9:51am
- well, LET'S WAIT and SEE z173