Fasctrack......We are simply analyzing what St-Malo is telling us. And that is that a KDS sale appears to be imminent. And yes, we have been disappointed before. We have also been pleasantly suprised before. And yes, we are all tired of waiting......nobody is jumping for joy yet. But dont get hung up on terminology, simply because you have heard some of the same words used in the past.
Here are the facts......
1) St-Malo tells us he is moving forward with his project, which means purchasing and utilizing a KDS for wood pellet production. And yes.....he has told us that this type of smaller wood pellet project can be easily replicated throughout Canada and the U.S. But first, he must get his project operating so that it can be used for demonstration purposes for others to see for such future projects. Obviously, future wood pellet producers will want to see an ongoing project first.....that is simply smart business.
2) The research companies WILL enter the picture, according to St-Malo's recent post. Also entering the picture is a wealthy saw-mill owner, who would like to see if they can work toward developing the KDS to use in larger wood pellet projects.
Note that we are only talking about wood pellet projects here.....not any other biomass or other KDS application in place.
3)FASC has said that the next KDS sale will allow them to move forward on getting their financials and website updated. Well, St-Malo's project would be the next KDS sale. I can only go by what has been said.
As an investor, I look for the indicators to help me see what is coming next. That is all we as investors can do.
If you are looking for certainty, then you will have to wait for whatever it takes to prove certainty for yourself. That's fine with me, but that approach seems to have you attacking the current indicators, as opposed to trying to understand and analyze them logically.
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