Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Well - that news hit the spot! SP down 4%...
Rooky: the tech here has been endorsed by ORE via a trial in 2018; ORE as you may well know provide world class facilities and skilled staff towards trials in the renewable space (500m+ invested at facilities). They described GyroMetric tech as a “game changer”. Presently at-least 2 wind turbine majors are examining the tech, with one imminently starting a trial (with gyrometric kit in their own turbines). So one trial is due at the ORE facility, and another at the turbine company’s own facility. Confidentiality agreements prevent these from being publicised. Everyone’s got to do their reading and buy/sell as per risk appetite :) Good luck
Hi Lottohopes,
I first invested in RMS after reading about their technology and linking it to Siemens as I could see huge potential, it looks like a perfect marriage.
I live about 15 miles away from Siemens huge site situated at Alexander Docks in Hull and have watched the Siemens site develop from its humble beginnings to its present state.
Surprisingly there is only 1 reported trade today, which just shows how the company is still way below investors radar.
I would put more into the company, but i do have my own set limits.
Once this does take off and get noticed, I feel the sp will rocket climb and it will be us early bird investors catch more than a worm.
Welcome Rooky. It’s been tweeted by GyroMetric, so just a copy and paste job. The sectors and applications where GyroMetric tech can be utilised are truly limitless. Drives are ubiquitous. As these trials produce results, these large companies will consider fleet adoption. Gyrometric offers “active monitoring”, so the kit can change gears, cut power to a motor/pump/drive within milliseconds, thereby saving equipment from damage, optimising output etc. This active monitoring is much more efficient than the current “passive” monitoring, where an engineer has to go out into high seas (turbines need weeks to plan a visit) or remote power facilities. Huge savings to cost, much faster, keeps kit productive, reduced risk to human life etc.
Note the recent GyroMetric update spoke about oil and gas pumps, marine diesels (adoption by upto 900 ships) etc. This is all a side dish to the main attraction of course: adoption by wind giants like Siemens and GE. Market wants revenue in black and white: that’s going to take a little longer, but the foundation stones are being laid. All my two pence opinion. Please DYOR.
Looking a bit better here...this had drifted again! Hopefully this pilot will be successful!!
Lottohopes,
Great find that has been released on todays RNS.
So 2 similar news releases within 2 working days.
All starting to look very good indeed.
https://gyrometric.systems/gyrometric-systems-distributed-power-generation/
The sectors and applications are wide and varied. At some point, some of these opportunities will crystallise into recurring revenue imo. Please DYOR.