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Cassandra Oil to host information events in Västerås and Gothenburg
Cassandra Oil invites shareholders and all other interested parties in the Cassandra Oil Technology for an informal update regarding the company.
The presentations with Q&A will take place on two occasions, once in Västerås on October the 16th at 6.30 pm and once in Gothenburg on the 18th October at 13.30
The purpose of the events is to provide all followers with an update on technical development and ongoing progress and upcoming installations.
Mr Anders Olsson CEO, as well as members of Cassandra's management team will be attending. Mr Finn Johnsson, the company's chairman will only take part in the presentation in Gothenbourg. More details regarding venues will be announced closer to the scheduled event dates.
The number of places is limited and the closing date for registration is October 10, 2018.
For parties interested to take part, registrations that will include email address and a mobile phone number, should be sent via email to:
Vst-mote@cassandraoil.com or gbg-mote@cassandraoil.com
Welcome!
For further information, please contact
Mr Anders Olsson, Managing Director Cassandra Oil AB
Phone: +46 76-16 32 100
Cassandra Oil is a Swedish company which, with the help of new technologies, recoveres oil from hydrocarbon-containing materials, such as used tires, plastic waste, oil sludge, waste oil and, eventually, oil sands, oil shale and electronic scrap. Cassandra Oil's share is listed on Nasdaq First North, Stockholm with the short name CASO with Mangold Fondkommission AB as Certified Adviser, phone +46 8 5277 5046 as Certified Adviser. The number of shareholders is about 7400.
This release was sent by Cision
Release
http://media.ne.cision.com/l/ilhrjghac/mb.cision.com/Main/218/2616883/908180.pdf
https://publish.ne.cision.com/Release/ViewReleaseHtml/1261FDC9E904C19B
Nasdaq delists Cassandra Oil's share from November 20, 2018
As previously announced earlier this year Nasdaq has reported Cassandra Oil to the Nasdaq Stockholm’s Disciplinary Committee. This was on the basis of insufficient market information from the company.
The Disciplinary Committee of Nasdaq Stockholm has decided that the shares of Cassandra Oil AB (“CASO”) are to be delisted from trading on Nasdaq First North. The delisting will take effect on November 20, 2018,
In order to meet the interests of our 7400 shareholders, Cassandra has explored alternative trading avenues and will notify the market regarding a replacement trading platform before the above mentioned date.
This information is information that Cassandra Oil AB is obliged to make public pursuant to the EU
Market Abuse Regulation and the Security Markets Act. The information was submitted for publication, through the agency of contact person set out below, at 5.20pm CET on September 12, 2018
https://mail.google.com/mail/u/0/?tab=wm#inbox/WhctKJTzwWWCpkwCwMFfbwTNgQBRWtbDgpwsnsDhFtnlWsDvDpcKGMDfJznRrHzjFqhVkBQ
Update from Cassandra Oil and REAKTOR APS
As recently published, REAKTOR APS have agreed a purchase of one CASO processing plant from Cassandra Oil AB at a price of €4.5 million, through a JV agreement. Consequently, REAKTOR APS is in the process of rearranging their company structure, resulting in their existing business and the new JV operating as 2 separate companies. The JV ownership is broken down as follows: 38% by REAKTOR APS, 38% Cassandra Oil, 20%, Danish private investors, and the remaining 4% are held by an international commodity and financial broker.
The new CASO processing plant will be assembled at Sjölanders Mekaniska AB’s premises at Sjöhagsvägen 14 in Västerås, Sweden and the construction work will commence in November 2017. The commercial processing of discarded tyres is estimated to start during the first half of 2018.
This CASO processing plant will be managed by Cassandra OIL AB and installed in an existing building at De Nova Aps’ site, at Havnevej 25, 3300 Frederiksværk in Denmark. REAKTOR APS is an associated company to De Nova Aps.
Cassandra and REAKTOR are looking forward to a prompt start of prosperous venture and partnership.
For further information, please contact
Mr. Flemming B. Jørgensen, REAKTOR APS +45 40501314 or
Mr. Anders Olsson, Cassandra Oil AB +46 761632100
This information is information that Cassandra Oil AB is obliged to make public pursuant to the EU
Market Abuse Regulation and the Security Markets Act. The information was submitted for publication, through the agency of contact person set out above, on October 6, 2017
For further information, please contact
Anders Olsson, CEO
Phone: +46 76-16 32 100
Cassandra Oil is a Swedish company which, with the help of new technologies, recoveres oil from hydrocarbon-containing materials, such as used tires, plastic waste, oil sludge, waste oil and, eventually, oil sands, oil shale and electronic scrap. Cassandra Oil's share is listed on Nasdaq First North, Stockholm with the short name CASO with Remium AB as Certified Adviser. The number of shareholders is about 8000.
This release was sent by Cision
http://news.cision.com/cassandra-oil/r/update-from-cassandra-oil-and-reaktor-aps,c2362185
Cassandra Oil closes plant sale to REAKTOR APS.
A subsidiary of REAKTOR APS, a company registered in Denmark, and Cassandra Oil AB (Cassandra) registered in Sweden, has on the 24th of September signed a Sale and Purchase Agreement for one CASO processing plant, at a price of €4.5millon (SEK 42.8 million). The first instalment payment of €2.0 million (SEK 19.1 million) shall be made to Cassandra before the 25th of October 2017. The delivery of the processing plant will take place in the early part of 2018.
The processing plant will be located in Fredriksvaerk, Denmark, for the purpose of recycling of discarded tires.
- We are very happy to have reached this agreement with REAKTOR APS, a well-established recycling company, with many years of experience in pyrolysis technology. We are looking forward to this important development in parallel with our ongoing guaranteed right issue. It marks a positive milestone for the company’s future, says Anders Olsson, Cassandra Oil CEO.
REAKTOR APS has been involved in recycling and pyrolysis for many years and have established waste streams as well as customer agreements for end-user products.
- We find Cassandra’s technology outstanding regarding capacity and safety. I have indeed never seen anything as impressive as the CASO technology, says Flemming Jørgensen, CEO at REAKTOR APS.
For further information, please contact
Mr. Flemming B. Jørgensen, REAKTOR APS +45 40501314 or
Mr. Anders Olsson, Cassandra Oil AB +46 761632100
This information is information that Cassandra Oil AB is obliged to make public pursuant to the EU
Market Abuse Regulation and the Security Markets Act. The information was submitted for publication, through the agency of contact person set out above, on September 25, 2017.
For further information, please contact
Anders Olsson, CEO
Phone: +46 76 16 32 100
Cassandra Oil is a Swedish company which, with the help of new technologies, recoveres oil from hydrocarbon-containing materials, such as used tires, plastic waste, oil sludge, waste oil and, eventually, oil sands, oil shale and electronic scrap. Cassandra Oil's share is listed on Nasdaq First North, Stockholm with the short name CASO with Remium AB as Certified Adviser. The number of shareholders is about 8000.
This release was sent by Cision
news.cision.com
http://media.ne.cision.com/l/zhjxosqw/mb.cision.com/Main/218/2353383/727002.pdf
One should really try and get outside more often,those extra pounds are hard to shed ho hum
Hey ER 4kids who signs your cheques the little fella or hot tub heddle,KARMA will get you
Cassandra Oil signs memorandum of understanding with a Royal Saudi Arabian company.
Cassandra Oil AB is pleased to inform of the signing of a memorandum of understanding regarding a new Joint Venture in Saudi Arabia with Tomorrow Environment Company (”TECO”), part of HRH Prince Faisal Bin Muqrin Abdulaziz’s group of companies with headquarters in Jeddah, Saudi Arabia.
Cassandra Oil and TECO have agreed to form a joint company based in The Kingdom of Saudi Arabia with the main intention to process oil waste products relating to TECO’s licence with ARAMCO.
The JV will also process other hydrocarbon rich waste such as used tires.
The intent is to, during the first year, invest a minimum of USD 37m and install Cassandra Oil’s technology with a minimum production capacity of 350.000 barrels of oil per year.
The broader intent is for the JV to increase the production during the next 5 years as well as investigating other business opportunities on a global basis.
This long-term project will be primarily financed locally in Saudi Arabia and is a big step towards the commercialisation of Cassandra Oil internationally.
For further information, please contact
Anders Olsson, CEO Cassandra Oil AB + 46 761 63 21 00
This is Cassandra Oil AB
Cassandra Oil is a Swedish company which, with the help of new technologies, recoveres oil from hydrocarbon-containing materials, such as used tires, plastic waste, oil sludge, waste oil and, eventually, oil sands, oil shale and electronic scrap. Cassandra Oil's share is listed on Nasdaq First North, Stockholm with the short name CASO with Remium AB as Certified Adviser. The number of shareholders is about 8000.
This release was sent by Cision
http://news.cision.com/cassandra-oil/r/cassandra-oil-signs-memorandum-of-understanding-with-a-royal-saudi-arabian-company-,c9851407
Thanks! Others too have liked the pictures. In fact the Spanish market may be very big. Some have suggested that 100 processors may be need to handle all the used care tires and Waste plastic that the Spanish partner handles. Today I bought another 12,000 options increasing the number to about 85,000.
very nice ..
best of luck with Cassandra Oil snow
4kids
all jmo
nanopatent
There are a number of reasons for the sharp fall of the pps. There have been big delays in Iraq for various reasons. An investor was to have paid about 40 million dollars for a stake in the IRAQ business but did not honor the agreement. Only one processor has been sent to IRAQ due to the tense political situation. What is important for the future is that the processing of the oil sludge has gone well and therefore proved the viability of the process. Two new processors will be ready for delivery before the end of the year. One of them may be sent to Spain. Things may continue to move slowly for the remainder of this year but I think prospects are very promising for 2015. I have increased my stake to 26,000 shares and about 75,000 options (really warrants). My guess this that fewer than 10 people own more options that me.
Looks good!
Nice and neat.
Now to show the money to me and the rest of the pyrolysis nuts.
BTW, SK75 to SK10 - how the mighty have fallen (1SK = 0.14USD):
https://finance.yahoo.com/echarts?s=CASO.ST+Interactive#symbol=caso.st;range=2y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
Pictures from Spain. The first processor is now fully installed. Waste plastic is to be processed. You will have to copy the link to see the pictures.
http://www.cassandraoil.com/sv/Press/Nyhetslista/CASO-i-Spanien6/
Thanks!
So far things have not been going well for this company. Test Production has started in Iraq but came to a halt the other day because Swedes felt it was too dangerous to stay on right now. But the test production proved that the API was increased to at least 25, which was the aim.
In less than a month test production will start in Spain based on waste plastic and car tires.
I have chosen to increase my stake substantially especially through the purchase of warrants called options. Most of them are valid for almost four years. I own some 35,000 options. I guess only a few people own more options since there are very few options compared with the number of shares outstanding.
i wish them and you well
4kids
all jmo
It is actively traded in Sweden. It is now expected that the first processor will be shipped to IRAQ shortly snd that it will start working some time in May after it has waited for being shipped to IRAQ since December. The plan is that several processors will be shipped in June to a site that is being worked on in IRAQ.
i only track CSSOF via fido and quote media
what they show is remarkably consistent
last trade was in Jan 2014
Detailed Quote:CSSOF
CASSANDRA OIL AB
7.85Up 0.02 (0.26 %)AS OF 11:25:13AM ET 01/15/2014
Last Trade 7.85
Trade Time 11:25:13am ET
Change 0.02
% Change 0.26%
Open 7.85
Day High 7.85
Day Low 7.85
Previous Close
01/15/2014 7.85
52-Week High
10/04/2013 11.50
52-Week Low
06/28/2013 4.10
Volume 0
Volume (10 day Average) 0
Volume (90 day Average) 39
The pps has taken a big plunge because the financing by the partner has not been arranged withing the agreed timeframe. Cassandra Oil has therefore decided to sell some stock to its shareholders mostly worth a bit more than 10 million dollars. I Guess JBII would have appreciated this sort of financing right now.
i noticed a distinct lack of *interest* based on historical pps
http://www.quotemedia.com/finance/quote/?qm_page=74663&qm_symbol=CSSOF
==
4kids
all jmo
I noticed this arrangement wherein the shaft is supported at one end only as in the Cassandra arrangement:
http://www.loedige.de/uploads/_downloads/BR-IND-GB-CHEMISTRY-GLP201205.pdf
not a problem :)
thx for the read ..
==
4elves
all jmo
Hehe, yeah. Google translate sorry ;)
i believe the word intended is sector
Cassandra [ 2013-12-21 09:55 ]
In JF's borough has Business World has been out with a story on CASSANDRA . Away from the man enough time wanted to do a story on overvalued companies hope was that instead (since this was based on an interview where two people are talking to each other ) something completely different. It ended in a "pro- reportage " where the journalist Calle Froste instead saw an upcoming industry scepter - as JF perceive it.
Now it will be to see what happens the final days of the year Betr delivery and payment. Maybe the fact remains that Q3 can land on heavily plus after the company , by definition, had revenues before. A historic turning of the income from purely entrepreneurial companies to industrial players where "the sky is the limit" .
ABOUT JF's "tips " on possible hundred earlier to just the end remains to be seen . However , if both the first unit is heading south and the entire payment for this home , it should not be impossible - despite it only three trading days left in the year. Exciting riot on this exciting stock market year for Cassandra anyway. Starting then the puzzle pieces in the form of multiple deliveries 1H - 2014 come in as forecast , if not sooner , Cassandra as a potential winner in 2014.
Cassandra Oil has entered into an agreement with Remium Nordic AB in its capacity as Certified Adviser.
Remium responsible as the Certified Adviser to the Company initially as well as continuous live up to the First North rules and regulations.
Remium is a broker specializing in small and medium sized companies. Remium offers a full range of capital market services in corporate finance, equity research, stock brokerage, asset management, liquidity guarantee and investor relations. Remium is the market leader in its segment with over 100 listed companies as clients.
http://cassandraoil.com/en/Investor-Relations/Certified-Adviser/
http://www.remium.com/
Cassandra Oil - Stockholm 2013.12.03
http://www.cassandraoil.com/Global/PDF/Presentationer%202013/REMIUM.3.12.13.pdf
thx for that read/link
=
4kids
all jmo
Cassandra Oil shipping the first production reactor to a plant in northern Iraq. Next year a further four machines are delivered to the same site.
Anders Olsson, Cassandra Oil. Photo: Calle Froste
Cassandra Oil suppliesBy: Calle Froste
Published December 17th 2013 09:16 3
Västerås Company Cassandra Oil supplies in the days first series-produced oil purification machine. It's celebrated with champagne.
First North-listed Cassandra Oil, which produces so-called reactors to produce clean oil contaminated by oil spills and / or waste plastics and old tires, has had problems with delays.
The day is now shipping the first production reactor at a plant in northern Iraq. Next year a further four machines are delivered to the same site.
The delivery by truck to Iraq. On Monday lasted loading work flat out and under the Company's major shareholder and founder Anders Olsson, delivery will be shipped from the shop floor in Vasteras, as soon as the lorries arriving from Turkey.
- After the holidays, it is advisable to send the staff assembles the first plant, he says.
Today, Tuesday, celebrating Cassandra Oil first this shipment with a group photo and champagne.
The machine is sold for on the order of € 4.5 million to a joint joint-venture who finance the deal.
For Cassandra Oil means delivery to the company now draws in the first revenues in the company's history. Up to the third quarter report, the company has only reported zeros on the revenue line of the income statement.
According to Anders Olsson, the production rate of the spring is increased and the company plans to deliver an additional 16 machines in 2014.
- During 2015, we manufacture a reactor in the week, he says.
With the current sale would mean a delivery rate of twelve-month basis in about two billion by the end of 2015.
Cassandra Oil has, since the company two years ago took the back door to the First North list, seen as a hope companies. The market has great expectations of the Company valued at 1.3 billion. The course has climbed from 30 kronor level at year-end to today's notes about SEK 50.
By: Calle Froste
Email reporter
http://www.affarsvarlden.se/hem/nyheter/article3794318.ece
thx snow
please keep me posted
very much appreciated
===
4kids
all jmo
Waste Management¨
I read on a Swedish discussion Board that the US giant Waste Management has shown interest in Cassandra Oil. I guess it is n open question if this will lead to anything.
Cassandra Oil's interim report. January-September 2013
HOME » PRESS » PRESS RELEASES »CASSANDRA OIL INTERIM ...
2013-11-29
THIRD QUARTER
1 July to 30 September 2013
Consolidated sales for the second quarter was - (-) m.
Net profit amounted to SEK -5.7 (-2.0) million or -0.22 (-0.08) per share.
Cash flow from operating activities was SEK -8.8 (0.6) million or SEK 0.33 (0.02) per share.
Consolidated cash and cash equivalents at end of period 3.1 (34.3) million.
Investment License with favorable terms granted in Iraq.
Agreement on the establishment in Spain concluded with a waste management company Valoriza Servicios SA Medioambientales
Significant events after the balance
Agreement on the establishment of Iraq concluded with the Iraqi Oil Ministry.
FIRST NINE MONTHS
1 January to 30 September 2013
Consolidated sales for the January-September period was - (-) m.
Net profit amounted to SEK -16.3 (-6.9) million or -0.62 (-0.27) per share.
Cash flow from operating activities was EUR -10.1 million (0.7) and -0.38 (0.03) per share.
Stockholm November 29, 2013 Cassandra Oil AB (publ) The Board of Directors
This report has not been audited. Read the full report in the attached PDF.
For further information, please contact:
Per Olsson, Managing Director
Tel: +46 70 247 08 08 Erik Nerpin, Chairman Tel: +46 70 620 73 59
http://www.cassandraoil.se/sv/Press/Pressmeddelanden/Pressmeddelande/?releaseid=1489094
i speak only for myself ;)
all it takes is *one*
been there .. done that
waiting on 2 more to deliver in due course
==
4kids
all jmo
We win few - we lose many!
C'est la vie.
thx for the input .. i continue to watch Cassandra et al
glty
===
4kids
all jmo
I own shares in a waste to fuel company that has a deal with Covanta to install 500 units throughout the USA - what a prospect!
It trades today at $0.0048.
I think Things are more complicated than that. I remenber Gententech from decades ago. It had no Income but a serious of promising medicines. It was valued at billions which turned out to be justified. It proved to be an excellent Investment.
What is difficult is to assess if and when great potential will be turned into real profits. To me it makes little sense to say that today a fair market cap for CASO is for instance 5 million dollars because it has no Income but in March NeXT year a fair market cap may be 5 billion dollars because it turns out that it is able to generate the sort of profits Anders Olson has projected per processor and hundreds of processors can be expected to be delivered. Neither would it make much sense to assume that the market cap should reflect only the processors that have started producing when there are contracts for many more processors and there is a strong likelyhood that more contracts will be signed.
I think Things are more complicated than that. I remenber Gententech from decades ago. It had no Income but a serious of promising medicines. It was valued at billions which turned out to be justified. It proved to be an excellent Investment.
What is difficult is to assess if and when great potential will be turned into real profits. To me it makes little sense to say that today a fair market cap for CASO is for instance 5 million dollars because it has no Income but in March NeXT year a fair market cap may be 5 billion dollars because it turns out that it is able to generate the sort of profits Anders Olson has projected per processor and hundreds of processors can be expected to be delivered. Neither would it make much sense to assume that the market cap should reflect only the processors that have started producing when there are contracts for many more processors and there is a strong likelyhood that more contracts will be signed.
Income is what (should) drives share price!
I own shares in a nano company that has patents and tech to knock your socks off. It was $3 a couple years ago - no income, great prospects. Today it is $0.03, no income, greatER prospects.
There's a lesson in there somewhere!
CSSO fits that scenario.
nano + IKEA !
I think it is more likely than not that Cassandra Oil will be a great success even if Things move a bit slowly and methodically. I have come to trust Anders Olson even if he as most inventors and business leaders tends to be too optimistic when it comes to timing. I have the impression that he wants Things to be fairly Close to perfect before he sends the first processor out of Sweden. Give the dog a bad name ...... It may be a good idea to be cautious. Swedes seem often to be cautious. The current pricing of Cassandra Oil looks very cautious to me right now as it seems to imply that the chances that Things will work out as Anders Olson expects them to be not much more than a couple of percent and that the chances of failure in this respect are Close to 100%.
Good luck with that one!
Cassandra has great technology - I approve - 10 out of 10. They do things well in Sweden - Volvo, Wallander, et al!!
Edit - Actually Wallander s located in Sweden but British made. That, too, is AOK!! I think Anders Olsson also has UK connections - money and residences.
fourkids
There is at least one similiarity between Cassandra Oil (CSSOF)and JBII: Things move more slowly than projected. It now appears that the first processor will be placed in either Spain or Iraq in early 2014. One the other hand the capacity for building processors will be doubled after the turn of the year, increasing it to one processor every two weeks. I have the impression that it may take about 3 months to build one processor so it will take some time before this happens.
I am now more pessimistic as to when there will be more active trading of CSSOF. There has been no news for about a month and the pps is Down considerably from its high. A Company has issued some options called warrants and there has been a brisk trade in those. The terms have been fixed in such a way that some make a killing if the pps of Cassandra Oil falls to certain pre-determined Levels and there has been a lot of short-termers trading the stock. It now appears that there may have to be real Production of considerable extent of fuel before the market is convinced. I therefore Guess now that it may only be in the second quarter next year that the pps really takes off in real earnest in Sweden. If this happens I guess it may lead to more active trading in CSSOF as well.
snow >> still thinking weeks re:
Cassandra Oil founder Anders Olsson presents the CASO reactor technology
2013-11-12
VIDEO:
Hmm, Nordkalk was the first optional site and was disprioritised.
Very hard to read the translated text but i never heard of "Rammul". I guess he is assosiated with Nordkalk.
Nordkalk was totaly differerent. In Irak it is sludge with perfect conditions.
But we still havent seen the testresults from the reaktor. We have confirmed the quality of the oil by PDVSA but the volym produced havent been revealed.
When this is revealed it will have great impact on the stock.
I had a conversation with Anders Olsson yesterday where he repeated that he is satisfied with the volym produced.
I read this and I get a funny feeling. And it isn't just the garbled translation!
The Swedish company Estonians were lucky alt
10/29/2013, 17:17
The Swedish stock exchange alternative fuel company Oil Cassandra was built in süngaasitehase this year, the production of which would have gone limestone producing Nordkalk, but the lack of funds was due performance of the contract pending.
"We had Cassandra cooperation agreement. Were in our party, who had to buy Cassandra Oililt süngaasi," said Nordkalk CEO Andres Rammul. He added that they would süngaasi Cassandra produces cells used in the production of lime factory. Currently, natural gas is used there.
"Unfortunately, the agreement is not valid anymore, because Cassandra remained unfilled, some conditions that precluded the parties' further commitments. Although not yet legally terminated the contract," said Rammul.
The condition is not fulfilled by Cassandra, was that they could not get funding for your project, so their future liabilities Nordkalk front and contractual obligations ended. "If the agreement does not bind, then the contract is a so-called symbolic of the paper, which exists, but either party can not count," said Rammul.
"It requires a new contract, the new terms of the negotiation and refinement. However, we did not follow the contract," he added.
Since Cassandra is a Swedish publicly traded company, you probably tried to get money for investors. 2011th Founded two years, the company's stock price has risen very quickly. Swedish business newspaper Dagens Industri wrote last week that Cassandra Oil's share price has risen several hundred percent. This is done by company founder Anders Olsson, who owns 30% of the company, a wealthy man.
Currently, the company that makes a loss, worth 1.8 billion Swedish kronor, and the founder of it belongs to a little more than half a billion. Last month, the company's stock rose 80% to ensure that the Framework Agreement for the Iraqi Oil Ministry, where the first phase of a naftatöötlemisjaam. Who are the partners in this project Cassandra, is not known.
"They claimed that they received the money later. Now falls into this agreement, but we can not count, we are working on the new set of options," said Rammul.
When asked whether Nordkalk is willing to negotiate new terms, Rammul replied that if the regime has gone bust thing, then in order to restore confidence again, the other half quite a lot of work to do.
"We had a patent, but did not realize it was an industrial solution. Were lower in laboratory models we developed, but we need to supply insurance to ensure that the necessary amount of gas," he explained. "We need a device that runs 24/7 and 365 days a year."
According Rammul did not bring a breach of contract them economic harm. "Do not ever forgone earnings losses., We are a family business and serve the family support payments., We only purpose is to do it," he said.
Currently running Nordkalk several different designs. 'Two shot, one of them is süngaas and the second is biogas. Currently, the contract has not yet been fixed, but we need to make a decision who to choose in favor of offering credible to us an interesting solution, "said Rammul.
"If it Cassandra, could not get anything out. Unfortunately, the opportunities for cooperation Cassandra quite small," he said. "Cassandra has to show us that they have a device that works."
Cassandra Oil CEO Per Olsson says they can not share the comments that were, or what plans they have in the future. "As a public company, we are obliged to make this information available to the market as a whole," he said in his written reply.
http://translate.google.ca/translate?hl=en&sl=et&u=http://www.aripaev.ee/Print.aspx%3FPublicationId%3D99a588db-3d17-4412-b2b0-07ebc1377c7e&prev=/search%3Fq%3D%2522Cassandra%2BOil%2522%26lr%3D%26tbs%3Dqdr:d
nanopatent
That is not accurate at all. The important contract in Spain which is important because of its long-term implications involves Waste plastic and car tires. The same goes for the contract for 10 processors to be delivered to the Middle East. But it appears that Cassandra may give priority to the contract in Iraque becaouse of its enormous size. It has not been decided yet where the first processor will be placed. Right now it is not placed outside Sweden because there are so many big Companies that want to see a demonstration of how it works. But it is expected that this situation will only last for a few more weeks.
Cassandra can handle plastic aswell, maybe even electronics but that's for further on. This PM is about the pilot projekt in Spain.
Cassandra Oil has entered into an agreement with the Spanish
waste management company Valoriza Servicios Medioambientales SA
( " VSM " ) to initiate a joint pilot project on VSM 's site in
near Cadiz in southwestern Spain . The pilot project for which
required environmental permits have now been granted by the Spanish
authorities , will continue for one year from the start of
process plant . Cassandra Oil provides a
process plant model CASO 600. VSM provides all
infrastructure and waste plastic and tires. After evaluation, the VSM
opportunity to step in as partners in a common joint venture.
VSM part of Sacyr Group, which is active in particular
works, property management and waste management. Sacyr is
listed on the Stock Exchange in Madrid with a market cap of about 1.6 billion
Euro . For further information see Sacyr 's website www.sacyr.com .
" We start in a small format with a process plant in Cadiz, but we have
both aim to expand to other VSM sites in Spain . we
have evaluated several alternatives establishment in Spain but came quickly
until the Sacyr Group is an ideal partner . What is
particularly interesting is that Sacyr has a stake in Repsol is
one of the world 's largest oil company , which we believe could ultimately open
for broader cooperation with Spain as a base, " says Cassandra Oils
founder Anders Olsson.
For further information , please contact Per Olsson, CEO Tel : +46 70 247
08 08 Erik Nerpin , Chairman, tel +46 70 620 73 59
This is Cassandra Oil AB Cassandra Oil is a Swedish company with
using new technology produces oil from hydrocarbon materials,
such as used tires , plastic waste , " oljesludge " waste oil and
eventually, oil sands , oil shale and electronic scrap. Cassandra Oil
shares are listed on NASDAQ OMX First North as CASO . Remium
AB is the company's Certified Adviser .
Cassandra seems primarily involved with heavy/contaminated oil and does not convert plastic for whatever reason. Is that accurate?
As I have said before the point is what matericals can be converted into fuel. It is JBII that is a one-trick pony that seems to need Crayola markers to function reasonably well. lol
JBI can make multiple types of distillates since they are a petrochemical company, not a one trick pony like Cassandra sludge. Everyone knows Cuomo loves distillates and thats why he LOVES JBII
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128
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Created
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02/04/13
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Type
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Free
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Moderators |
Production of oil using new technology
OUR OPERATIONS
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Management
| Board of DirectorsErik Nerpin has been a member of the Board since 2009 and Chairman of the Board since 2011. Other Board members were elected at the extraordinary general meeting held on 9 March, 2012, and have been appointed in connection with the completion of the issue of shares for non-cash consideration, in respect of the acquisition of Cassandra Oil AB.
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INVESTOR RELATIONS CONTACTPer Olsson, Managing Director Erik Nerpin, Chairman | CASSANDRA OIL (CASO.ST) |
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