Cielo Waste Solutions Corp. V.CMC

What kind of diesel is this?

[stampsletmein]

What would make this diesel so attractive that they buy it for $1.25 a litre and have to pay extra to have the sulphur content lowered when you can buy it at the pumps at any gas station in Calgary for between .85 and.99 cents a litre?

[spectator51]

it's renewable product, extra premium for it.

[stampsletmein]

So someone who feels guilty about buying conventional diesel will want to buy it? Sorry, what am I missing? 

[Rp1983]

Government mandates that a certain percentage of all fuel caches be of renewable fuel or biofuel, I think 2-4% depending on the province. Right now Canada imports all their renewable fuel. In time the government will lean to increasing that percentage and push out fossil fuels 

[stampsletmein]

Don't get me wrong because I am a stock holder, but those are some stock pumping types of statements. Push out fossil fuels..., anyway I thank you for your input. I invested only because it's a business model that is potentially environmentally friendly that a government would put money into some day if they can roll out some good consistent volume with some real garbage (plastics and food

[spectator51]

I believe there are carbon credits for those that use the renewable diesel, but not 100 percent sure. Only reason to pay the higher price.

[stampsletmein]

Didn't first batch get sold to a farmer for $1.60/litre? Does a farmer need credits? Sorry not probably a good question. Don't farmers get dyed diesel for cheaper than pump price? Just a little confusing. I'll need to do some research on this. 

[Rp1983]

Ya their first batch sold for $1.60. I'm not sure what the dyed diesel sells for, just know they'll have their diesel desulphurized in a month and then it's a non issue 

[NSPfacts]

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[spectator51]

a month is very optimistic, remember they had a grand opening a year and a half ago. Their timelines have always been off in the past.

[Mari2019]

  I agree. Don is generally way off on his timelines. He may have had a great idea here, but perhaps they need to look at someone else to move this to the finish line. PP after PP is diluting everyone who's been in here for awhile.  I like the concept but am growing weary of the fluffy press releases with not a lot of substance once they're dissected. good luck to everyone

[Rp1983]

Just curious Mari what's awhile? How long have you owned shares? 

[TruthBeTold7]

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[Mari2019]

Rp1983, not sure why you address me directly since you put me ignore a few weeks back? I had to log out to read your question.  ive been in here long before their grand opening. I'm tired of the overly optimistic timelines, with over promising and under delivering. Continued dilution and an inability to secure government grants, despite tours with high ranking provincial politicians

[lumberjack9]

Soooooo what do you think Mari?time for a reverse slipt? Cheers

[Mari2019]

Your guess is as good as mine. All i know is they are carrying a large float for a company that sits at .08 with still lots of unknowns yet. 

[TruthBeTold7]

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[Rp1983]

@stampsletmein sorry not meaning to pump but have you heard Trudeau and the liberals plan? We will still have fossil fuels but Trudeau will for sure raise the minimum percentage over time for renewable and bio fuel. 

[lscfa]

The govt. mandates that diesel fuel sold at the pump must contain a minimum level of renewable diesel in it. Renewable diesel costs more to produce than regular diesel from fossil fuels but the govt. has created the demand for it. Importing renewable disel from the US involves a lot of transportation costs. Making renewable fuel in Canada is cheaper.    

[lscfa]

I should add that biodiesel is usually made from feedstocks of tallow, canola oil, etc. Cielo makes biodiesel from garbage which is cheaper.   https://www.cielows.com/wp-content/uploads/2020/04/Cielo-Presentation-May-2020-Web-Version.pdf