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Re: Captain Black Bob Blanco post# 44

Monday, 04/20/2015 10:05:33 PM

Monday, April 20, 2015 10:05:33 PM

Post# of 72
OUTLOOK

2015 will again be a very busy one for the Company. The Company will continue to focus on Phase 1 of the Project with off-site fabrication of the process extraction plant modules next in scope. Some major equipment has already arrived into our Utah fabricator’s yards being readied for modular skidding. This will be an ongoing theme for the next four to five months. As modular skids are completed, they will be transported to the Project site in accordance with the Company’s Construction Execution Plan, to be assembled throughout Q2/15 and Q3/15, followed by commissioning and commercial start-up.

Management continues to investigate and pursue business development opportunities for the Company’s technology. The Company will continue to work with Athabasca oil sands developers to demonstrate the technology’s favourable extraction outcomes and will look to broaden its working relationships with leaseholders and government agencies supporting development of Canadian oil sands. The technology addresses and overcomes both the low oil price commodity markets and the continued environmental pressures facing the oil sands industry.




My posts are not meant as investment advice. Always check company filings and do you own Due Diligence

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