Post by
odzie1 on Dec 26, 2021 9:38pm
Re: tamarack and friends
We shall see what happens when they achieve continuos flow and prove it over a short time. I think you will find the banks will all be looking to break down the door to get in. I think the share price will be well over a buck before they even start talking about terms and conditions.
Your stupid assumptions here are all based upon failure of cielo to prove continuous flow. When that is proven which will be shortly I doubt very much there will be any financing and dilution done under a buck at the very least. I will repeat again that this is not about proving that they can make diesel from garbage. That is already done by them and several other players. We are talking about continous flow. Thats it. There landing rovers on mars. I think they can achieve continuous flow. Matter of time. Then its a different ballgame..
Comment by
Differentfleas on Dec 27, 2021 8:00am
OK here is another STUPID assumption. They had 14million cash at the end of July,7 million at the end of October, will be 0 at the end of January(assuming a burn rate of $7million per 3 month). If this continous flow hasnt happened by then,how will they survive without a cash infusion. Please help me understand,I am a stupid SH8tHawk.
Comment by
lscfa on Dec 27, 2021 9:10am
Solving continous flow at Aldersyde does not apply to Fort Sask because it will be a new design with new challenges. Achieving continuous flow at Aldersyde only accomplishes meager revenues ($2.5 mil for 2022, $5 mil for 2023 based on co. guidance of 300 to 500 lph). The low volumes and suboptimal design means margins will be low.