GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
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Massive this could Oils answer to water problem
in bed with these guys
https://www.slb.com/services/technical_challenges/exploration.aspx
So that leaves 4.7 ish mill to go around wow
Only 18m shares in issue and:
% of shares not in public hands 73.38%
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30 mins in
EBITDA in 2017 was only 0.3m - todays update - $5.59m - some growth!
Commenting on the market update, Connie Mixon, CEO said:
"I am very pleased with the considerable commercial progress MYCELX made during 2018, resulting in almost doubling the Company's revenues over 2017. Underpinning these results is the strong performance of the Company in Saudi Arabia where the team have generated momentum from repeated successful deployments of our rental fleet to meet customers' urgent requirements. We are looking forward to our focused business development efforts continuing to convert a pipeline of opportunities into further purchase orders in 2019."
These results confirm 2018 as the most successful in the Company's history and are significantly ahead of MYCELX's original revenue guidance of $21.5 million to $22.5 million for 2018.
Yet more good news here.
It has swung from a small loss to a small net profit.
why this jump of over 50% please?
Thx
Great figures continue .
Best of All
Interview with Connie Mixon, CEO of MYCELX, on VOX Markets podcast today. Section starts at 30:50.
https://www.voxmarkets.co.uk/blogs/asiamet-resources-ars-mycelx-technologies-corporation-myx-barney-gray-uog/
The good news continues
RNS . And May
Customers in Middle East are complaining that MyCelx Oil Separation technology merely shifts the problem from oil in the stream to its Filters. Huge waste disposal & operating cost means no real benefit. This company cannot be successful if it does not fundamentally takes care of the issue. Risky Stock for long term.
It is a broker downgrade, but I'm tempted to top up at this price!
Due to the trading statement, but it's not that bad!, possible opportunity for a 20-50% increase on these prices?
Results...
Commenting on today's announcement Connie Mixon, CEO of MyCelx, said: "I am pleased to announce another contract win for MyCelx. By leveraging a successful project in a nearby oil terminal site, the current win highlights further acceptance of MyCelx's solutions in the oil terminal space and will provide continued momentum through the second half of the year and into 2013."