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Re: stockmaster007 post# 5579

Thursday, 03/02/2017 11:30:23 PM

Thursday, March 02, 2017 11:30:23 PM

Post# of 19822
I don't know where you took your information about those 10 to 15 plants but I would be cautious if the information come's directly from QSIM cause if you look at Casale SA website;

-they've only build 57 new plants in the last 31 years
http://www.casale.ch/business-areas/ammonia/technologies-for-new-plants.html

-and they've only revamp 58 plants in the same 31 years which put the total at 115 for an average 3.7 plants a year which is real far from the holy grail 10-15 claimed by QSIM.

More over, previous PR by Mr. Maloney were more optimistic about signing a contract then the last one where it was stated that they ''hope to sign a contract in 2017'' which means they're not even sure they can sign one in the entire year.

And that is without saying that they ran out of liquidity at the end of february and failed to find investors for their equity funding with U.S. Capital.

I don't mean to bash the thing out but future does not look so bright. Hope your lotery ticket get lucky

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