Cielo Waste Solutions Corp. V.CMC

PapaSchmuck

[oceaneleven]

year low was a penny...high of 18 cents..I feel for all the investors who bought in at the hod today....the share float is massive and they are not profitable..They might get some Kenney funding ..Good Luck !!!

[TradeTracer]

I definitely think that's the elephant in the room, but a reverse split in the medium term would help their cause (Something like 1 for 6 or 1 for 4 would be ideal, imo) One positive of the increase in share price tho is that after a certain period of time the warrants can be called, which would add much needed cash to the balance sheet.

[lscfa]

29,397,315 warrants with $0.07 ex pr. have acceleration clause.  => $2.06 million  The warrant expiry date is subject to earlier termination in the event that the market price of the Company’s common shares trading on the Canadian Securities Exchange remains at $0.15 or higher for a period of five (5) or more days, at the option of the Company.  

[tikrtok1]

You think this little puppy will stay over 15c for 5 days moving average?   That would be nice! tikr

[lscfa]

These warrants may have already been exercised voluntarily......       Shs o/s Jan 5 352,122,448 Feb 5 388,586,781 Diff =  36,464,333  

[tikrtok1]

Wow!  352 mm outstanding.  I remember the day when the shell transacted.  Today's volume would have been the WHOLE ISSUE on that day. Just sayin'

[schmidilein2713]

Checking data on Homepage, I saw totally diluted 600 Mio. Shares. Is this correct? 

[Mari2019]

Yes, that sounds about right. 

[lscfa]

629 million, but the plant will do $14 million/yr in ebitda => $0.022/sh x 12 multiple = $0.26 Sh value. Now add the additional value from the JVs.        Dec18/2020   Shs 352,122,448   Wrts 126,611,257

[TradeTracer]

$14 million/year per plant yes, but with the JV's would they not have to split the difference? Also $14 million would be gross assuming $1/litre for their biodiesel Correct me if I'm wrong, I definitely like Cielo and the future they hold

[lscfa]

you're wrong. See slide in this post... https://stockhouse.com/companies/bullboard/c.cmc/cielo-waste-solutions-inc?postid=32472854  

[schmidilein2713]

Can anyone explain whats up with the warrants- I am not experienced in that Field. What will happen if they expired or Not expired?

[TradeTracer]

Warrants are usually given by a company as an incentive to get people to invest into their company. They have a strike price, an expiry date, and come with certain conditions that can change certain terms. For Cielo it's a catch-22 with the warrants they've issued. If the warrants get excercised (don't expire) it's cash they get from the warrant holders they can use towards

[lscfa]

Renewable diesel fetches a 25% premium price to biodiesel.... https://www.neste.com/what-difference-between-renewable-diesel-and-traditional-biodiesel-if-any    

[schmidilein2713]

Thank you for this calculation!! And in App. 5 years 40 plants should go online. So actual shareprice x 40. In 2025.

[TradeTracer]

It sure is, in some ways it would be good if this stays above $0.20 (or whatever price it needs to hold for the warrants) so as it could at least force the hand of the holders. 30 days to expiry would help long term as if the holders decide against buying before expiry it'll make for less total share count down the road.