Replies to post #2470 on STW Resources Holding Corp. (fka STWSQ)

[rdragon]

Below is old news.
But looks like handcuffs are about to come off in Cap Reef.


"STW’s pursuit of the Capitan Reef Aquifer water on the Ft. Stockton lease is advancing as rapidly as politics and regulations will allow. Currently, there is a temporary moratorium on the production and sale of Capitan Reef water until the Texas Water Development Board (TWDB) completes a hydrogeological (report of possible water reserves in an aquifer based on a scientific evaluation) report detailing how much water can be produced from the aquifer. The estimated time frame for the moratorium being lifted is by December of 2015 or January 2016."

http://www.businesswire.com/news/home/20150818005381/en/STW-Resources-Signs-Additional-%E2%80%9CAlternative-Brackish-Water%E2%80%9D

[rdragon]

Yes it is very oversold at this point.
Their tech does appear to be cutting edge.
The question is can they fund/close/execute on the many national and some international ongoing water deals.
They have stated funding is not an issue as investors are interested in a getting a piece of a water contract. Makes sense, revs once started will flow from all the projects for many years.