Comment by
Stocktwit2 on May 22, 2021 2:23pm
That IS how you do it , great post , I hope Cielo puts out a similar statement addressing the specifics and if and when they do shareholders will continue loading up shares without hesitation
Comment by
BFreeze on May 22, 2021 2:40pm
I sure hope Cielo can come out with a similar report this weekend. Shouldn't take them long to do so. I mean, since RUEI is so closely linked. Especially on the issue of desulfurization, if it is an "off the shelf process, then state exactly why you are reinventing the wheel.
Comment by
JustLookn on May 22, 2021 2:54pm
Great idea. You know desulfurization never worried me because my understanding is the technology exists. Again my understanding is that they wanted to develop a more cost effective way so they are developing this in house. HOWEVER I never actually heard them say either of these....to your point it wouldn't be hard for them to confirm this is the case
Comment by
TradeTracer on May 22, 2021 2:42pm
That's actually a great idea, and Cielo should definitely follow suit It'd give all us long term holders something to visualize on Cielo's current progress, and would also hold Cielo more accountable for any doubters down the road
Comment by
lscfa on May 22, 2021 11:13pm
Another example of rebuttal.... https://nikolamotor.com/press_releases/nikola-sets-the-record-straight-on-false-and-misleading-short-seller-report-96
Comment by
Citadel on May 23, 2021 7:45am
Agreed. Personally, I think they’re also going about project financing the wrong way; should be getting a third party to validate the quality of the finished product, sign an offtake agreement with them, get EDC to finance a portion of the CAPEX and raise cheap project finance debt to fund the facility build out. This JV structure is nonsense