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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. > interpret news release
View:
Post by goldenrule on May 12, 2022 12:19pm

interpret news release

Sounds to me what they are saying construction costs are to high and they are just going to fine tune the smaller facility for now.What did the rest of you take away from it correct me if I am wrong
Comment by lscfa on May 12, 2022 3:32pm
they cut the budget for the pilot plat in half.... MD&A - The estimated cost requirement for the R&D Facility is approximately $11.0 million until the end of 2022