Micromem Technologies Inc. (MMTIF): "Costs per unit at scale levels of produ...

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Micromem Technologies Inc. (MMTIF)

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Re: None

Thursday, 12/26/2019 2:22:33 PM

Thursday, December 26, 2019 2:22:33 PM

"Costs per unit at scale levels of production should result in a suitable economic case to be made for installing a unit at each well head."

Two points about this statement:

1] You can be sure that Chevron has this accurate.

2] This encompasses a much higher demand for AROMA units than just the water flood number would equal. Factor of 10x would be a good guess.

BTW....My cash flow estimates for the next couple of years were based on demand for water flooding. So the PIE JUST GOT A LOT BIGGER. Buying shares up to the 4 cent breakout will be very rewarding ,imo.

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