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Bullboard - Stock Discussion Forum Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood... see more

TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > Houston, we have a problem.
View:
Post by captwade on Sep 08, 2021 12:42am

Houston, we have a problem.

A little math for you guys.

Webinar said plants will produce 1 billion lires per year. Divide that by 365 days, divide that by 24 hours and they are telling us the plants will be producing  114,155. litres per hour. 24/7.

This story is so full of holes that you could drive a truck through.  But, hey, go ahead and stick your heads back in the sand, everything is going to be o. k.
Comment by lscfa on Sep 08, 2021 1:23am
The math is as follows: 10 sites x 3 plants per site x 4000 l/hr x 24 hrs x 341 days = 982,080,000 litres      
Comment by CandyC on Sep 08, 2021 1:28am
@captwade no kidding . 1,000lph wouldn't even pay for the feedstock. McWhirter says they need 10,000lph. People on here thing losing 50% in the SP in the last month is good   And having a good 4 hours of trading for the day to break even. Next setback will put the SP under0.50
Comment by captwade on Sep 08, 2021 2:06am
I'm sure Iscfa is right in that the webinar was referring to all 10 sites.     Thanks Isfca. The focus then shifts to the problem of feedstock. Webinar said 350 million tons of garbage would be needed, and again, that is referring to all 10 sites.  350 million tons is 700,000,000,000 pounds. or 70,000,000,000 per site. or 290,000,000 pounds per day, or 4800  ...more  
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