Post by
pjmac101 on Apr 12, 2021 3:44pm
Why wouldn't a big Oil company buy Cielo
To me if the predictions are such a given ( and I hope they are) then one of the big integrated oil companies will want to buy Cielo for themselves soon and benefit from future growth before the stock runs up.
Comment by
jj28jj on Apr 12, 2021 7:33pm
what valuation would they use? We are still in early stages with unlimited potential
Comment by
RevT79 on Apr 12, 2021 7:43pm
They would be stupid to not buy them out..... how does it work for a patent when you buy a companie?
Comment by
theNorm on Apr 12, 2021 8:19pm
I found your posts on V.GEM so enlightening RevT79 that I thought you deserved this.........it's Robert McWirter's first introduction of the $8 price where he talks about Cielo's patents: https://www.bnnbloomberg.ca/market-call/robert-mcwhirter-discusses-cielo-waste-solutions~2149646
Comment by
BFreeze on Apr 12, 2021 8:46pm
I'm sure many companies have Cielo on their radar, but I wonder if FCM would be interested as well. Municipalities have such large fleets, and if deals could be worked for premium quality fuel, landfil reduction and cost savings, the politics side would be infinitely interested.
Comment by
downtozero on Apr 13, 2021 9:26am
My thought is that it's just a bit too early. Wait till they start generating some real revenue from these new plants and we'll see a lineup of bidders.