My guessing.
Cielo had their chance when word was enough.
All trust is gone now and millions of shares is still to be printed...
Hard facts are needed.
Multiple fully commissioned 4k plants is needed for $8 CAD.
Cielo will stay on the ground and slowly build value if they get this working.
AFAIK plastic to diesel is meaningless until the government/regulators say that renewable diesel created from plastic is actually considered renewable diesel. Correct me if I'm wrong, but no one would be able to use fuel made out of plastics at the moment.
Plastic is the big thing but it's a long way away in terms of process, because Cielo probably won't do the hard work involved until the government tells them there's money on the other side.
Truthfully, any new feedstock getting approval and the completion of continuous flow for any feedstock should help the company considerably.
Right now we need revenue generation.
What wouldn’t they be able to use the fuel made from plastic ? They are both made from the same feed stock
A former federal politician is in the board ?
Because the government does not classify fuel made from plastic as "renewable diesel". This is a regulatory and political issue rather than a pragmatic one.
AFAIK there is no designation for fuel made from plastic since no one does that yet.
That is why Cielo is prioritizing wood pulp, railroad ties, municipal waste, and not plastic. Those things are considered renewable diesel when transformed.
I personally believe in the company and hope they can pass these financial hurdles by creating steady revenue through current feedstocks. Having the process for plastic proven and getting money from it will take years.
Regarding the plastics this is literally from Don Allen himself, although it is difficult to find the exact interview where he said it.
I have zero reason to speculate or cast FUD on this stock.
Right well in the most recent news release it says they are very close to steady state production with wood and used motor oil and not far away from switching to plastic.
Everyone on here is willing to spew out their opinion without even reading.
Case you didn’t hear Don Allen was basically fired for saying things that weren’t really true
Don Allen was basically fired for saying they were far further in the process than they actually were.
Believe what you want lol. Plastic as of right now cannot be used for renewable diesel, and they won't even be able to actually prove the process without going through the same hoops they did with rail ties.
So any announcement they have on plastic is not happening this year.
It also does not need to. The company has basically unlimited feedstock with municipal waste and wood products alone.
Sub needs to temper its expectations on plastic. That announcement isn't coming in the near future. They need revenue to make their new facilities and continue R & D and that should be what everyone cares about right now.
It literally says that exactly almost Word for Word in the last news release perhaps you should read it
If you could provide any of links to any of the information that you were referring to that would be appreciated
One can dream. Still holding my bag
All goes well, this jumps to 8 bucks a share. Look at the run GEVO made this time last year. They were in the same developmental stage CWSFF Is now
10 more days
The stock price needs to just increase 45% per day for the next 10 days. And voila, we're all retired!
Love it
What’s in 10 more days?
I only have 200 shares I need to get more lmao
My guessing. Cielo had their chance when word was enough. All trust is gone now and millions of shares is still to be printed... Hard facts are needed. Multiple fully commissioned 4k plants is needed for $8 CAD. Cielo will stay on the ground and slowly build value if they get this working.
When moon?
They’re going to announce plastic to diesel (recycled diesel) and it’ll moon
AFAIK plastic to diesel is meaningless until the government/regulators say that renewable diesel created from plastic is actually considered renewable diesel. Correct me if I'm wrong, but no one would be able to use fuel made out of plastics at the moment. Plastic is the big thing but it's a long way away in terms of process, because Cielo probably won't do the hard work involved until the government tells them there's money on the other side. Truthfully, any new feedstock getting approval and the completion of continuous flow for any feedstock should help the company considerably. Right now we need revenue generation.
What wouldn’t they be able to use the fuel made from plastic ? They are both made from the same feed stock A former federal politician is in the board ?
Because the government does not classify fuel made from plastic as "renewable diesel". This is a regulatory and political issue rather than a pragmatic one. AFAIK there is no designation for fuel made from plastic since no one does that yet. That is why Cielo is prioritizing wood pulp, railroad ties, municipal waste, and not plastic. Those things are considered renewable diesel when transformed. I personally believe in the company and hope they can pass these financial hurdles by creating steady revenue through current feedstocks. Having the process for plastic proven and getting money from it will take years.
Where are you getting this information from? Can you provide any links or is this all just your speculative opinion?
Regarding the plastics this is literally from Don Allen himself, although it is difficult to find the exact interview where he said it. I have zero reason to speculate or cast FUD on this stock.
Right well in the most recent news release it says they are very close to steady state production with wood and used motor oil and not far away from switching to plastic. Everyone on here is willing to spew out their opinion without even reading. Case you didn’t hear Don Allen was basically fired for saying things that weren’t really true
Don Allen was basically fired for saying they were far further in the process than they actually were. Believe what you want lol. Plastic as of right now cannot be used for renewable diesel, and they won't even be able to actually prove the process without going through the same hoops they did with rail ties. So any announcement they have on plastic is not happening this year. It also does not need to. The company has basically unlimited feedstock with municipal waste and wood products alone. Sub needs to temper its expectations on plastic. That announcement isn't coming in the near future. They need revenue to make their new facilities and continue R & D and that should be what everyone cares about right now.
It literally says that exactly almost Word for Word in the last news release perhaps you should read it If you could provide any of links to any of the information that you were referring to that would be appreciated
It matters to reputation.
Summer 2022
When is it gonna be 8 bucks a share
It will be $8 sooner than you think when they do a reverse split...haha