Getting a well-pump, pipes, and storage tanks in operation are far less problematic than any previous technology of the company. No solvents. No arcane oil sand feedstock processing. No handling or processing of sludge. Pumping water is about as low-tech and reliable as turning on a light switch.
Those who wish to foretell Freestone’s future based solely upon its past failures to bring its new technologies to market are certainly welcome to do that. That would be to presume that past (rotten) apples are the same as today’s (sweet water) oranges.
Pumping water is not too high tech. Your city does it pretty well. Go to the faucet or toilet and find out if that’s so.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.