Cielo Waste Solutions Corp V.CMC

Cielo's Progress Updated April 18

[sam2100]

Positives:

-They have produced a large amount of renewable diesel which has been sold on the condition of 15 ppm sulphur

-They have successfully implemented their cooling process, ahead of schedule

-Larger scale desulphurization process was successful to 5 ppm (better than expected and ahead of schedule)

-Are in the process of fabricating their automated desulphurization plant equipment.  COO has stated that they should be receiving the catalyst from China during early May also stating that they do not have the exact date for the receipt of the catalyst due to the current international shipping constraints.  The commercial scale plant equipment is being fabricated in Western Canada, so there should not be delays with this.

-They have collaborated with the U of Calgary faculty.  The U of Calgary are world leaders in relation to carbon based fuels (understatement here)
 
-they have received a $500K grant from Alberta Innovates for a commercial demonstration of  railway tie processing

-They have signed JV's and the partner has given them real dough

-The company has very good finances (with the recent funding)

-TAM is seriously large and in the most eco friendly world wide environment

-The CEO has increased his Cielo stock position from 15 million to  23.4 million shares during the last year.  He could have easily sold the majority of his shares during this stock price run. The COO has been increasing his Cielo stock position and currently owns 3.1 million shares.
 
-Appointed Lionel Robins as COO.  I see this as a strong positive.
 
-Appointed highly qualified board of director members, which include the high profile Peter Mackay.  Peter Mackay had held multiple high profile cabinet positions with the Harper government.

-Don Allan and Lionel Robins seem like really good guys

Negatives:

-Their technology has not been fully proven but it is continually being derisked.

Positve and Negative
 
-They are currently not able to run the Aldersyde plant since this would cost millions and they
 do not want produce 450 ppm sulphur renewable diesel.

-"They're an overnight success...........that has taken $75 million and 16 1/2 years.............."

Negative since it has taken a while to get here.  Positive in the sense that we would not be buying this stock at this price, if they had been successful, years ago................

[Bucketshop]

Good post although a few points for clarity. the CEO did sell approx 7 million shs in the run up. The increase in all of the mgmt holdings come in the form of options(which they dont pay for ) and which dilute the other shareholders. Cielo already has a massive 380million shs outstanding and they may be advised to  do a reverse split to tighten it up. There are very few institutional

[lscfa]

Cielo has 557,304,694 Shs o/s... https://webfiles.thecse.com/CMC-Form_7_Progress_Report_-_March_2021_-_FINAL_-_04-05-21.pdf?w1PDx_E5hYHSNXukxY14p9Eeq1ULo6WL

[sam2100]

Hey Bucketshop, I've never seen management actually increase their share position during a large initial run of their stock price.  For example, during the potash, rare earth, lithium manias virtually all of the companies management dumped millions of shares and reduced their overall positions by 50 to 90%.  They would receive options, warrants and then sell these as well. This isn

[Bucketshop]

Thanks, that explains the incease in O/S shs from 200 to 500 million!!

[sam2100]

Market cap with all out shares at $675 million, seriously undervalued here. Shorts are going to have their heads handed to them, when the desulphurization is a go.

[sam2100]

What service are they providing..............what's their TAM ????????? Shorts are in for a bruisin....................