CHAR

sweejaa

My DD on CHAR Technologies (YES.V) CHAR Technologies (CVE:YES) My research summary: YES Lol, thats the stock ticker (YES) Char Technologies is a canadian environmental engineering and consulting company that is in its early/up and coming growth phase. (Clean Energy) They will be producing Pelletized Biocarbon and Renewable Natural Gas (RNG). They are about to complete the phase 1 of their newest facility in Thorold Ontario. The phase 1 will be completed by end of this year (dec 2025). At the end of phase 1, they will be producing biocarbon at full commercial level capacity for which they already have a buyer for their biocarbon. (They have an offtake agreement signed, all the trial and testing is already done) That buyer of the biocarbon is ArcelorMittal, one of the largest steel companies in the world through their canadian subsidiary - ArcelorMittal Dofasco (based out of Hamilton). Phase 2 will be completed ideally by end of next year, which at that point will either double or triple their biocarbon production + start producing RNG. That RNG will be sold to a gas company like enbridge or FortisBC or another gas company like that. Next year before the RNG production starts, they will be working on securing a 15 to 20 year gas contract with a gas company. (That is going to be a HUGE milestone iA) That's their first commercial facility. They will also start constructing their 2nd facility next year sometime in Lake Nipigon, they've partnered up with Lake Nipigon Forest Management Inc (an indigenous led forest company who owns a massive forest up north). The forest company will be providing all of their wood waste to CHAR to use in their 2nd facility to convert to biocarbon. Also, their facility in Thorold , they partnered up with the BMI group (CHAR leases the industrial land from them) and the BMI group put in $8 million towards the thorold facility for 50/50 partnership and also put in $2 million into the CHAR company as an investment. Arcelor Mittal also invested $6.5 million ($5 mil USD) into CHAR. So essentially, once they hit these milestones of their thorold facility and the 2nd facility in lake nipigon, it should blow up. Also the stock in 2021 went over $1 just based on news of these projects and partnerships. Right now its in the low 20 cents area, and theyre closer than ever on actually bringing these projects to life. So once the projects are up and running, ppl will see the growth and revenue increase and they will be closer to breaking even on their net income than ever. Also, they've received over $13 million or so in grant and government fundings (NRCan, provincial funding and others) etc towards their company and projects. Now with the BMI group on board with them for the thorold facility, theyre held accountable and the construction of the facility is going according to plan. Before they sort of dragged their feet but now they have these huge partners and additional funding and help. Theyre also working on securing financing for the phase 2 of the thorold facility (so with the BMI group on board with them, it'll be easier to secure that). The BMI group is a multi billion dollar industrial real estate company and theyre already talking about replicating the thorold facility onto their other industrial sites with CHAR. So they'll eventually gear up to more facilities. In a nutshell, CHAR, through high temperature pyrolysis will be burning industrial waste , bio waste and wood waste etc and turning it into biocarbon and renewable natural gas. Which can then be sold to steel manufacturing companies and gas companies . The reason steel manufacturing companies are interested in buying this biocarbon is because carbon tax is high and its going up by $15 per year until it reaches $170 per tonne of C02 by 2030. Also, Canada has energy goals by 2030 and 2050. Net zero by 2050 totally i think and so these steel companies are also looking for energy efficient or green solutions to their charcoal that they currently burn. Recently, CHAR tech was invited to join CISERA (Canadian Iron & Steel Energy Research Association). ArcelorMittal Dofasco and a few other steel companies and Canmet Energy who is associated with NRCan. Disclaimer: Not Financial advice, please do your own research also!

sweejaa

CHAR Technologies (CVE:YES) My research summary: YES Lol, thats the stock ticker (YES) Char Technologies is a canadian environmental engineering and consulting company that is in its early/up and coming growth phase. They will be producing Pelletized Biocarbon and Renewable Natural Gas (RNG). They are about to complete the phase 1 of their newest facility in Thorold Ontario. The phase 1 will be completed by end of this year (dec 2025). At the end of phase 1, they will be producing biocarbon at full commercial level capacity for which they already have a buyer for their biocarbon. (They have an offtake agreement signed, all the trial and testing is already done) That buyer of the biocarbon is ArcelorMittal, one of the largest steel companies in the world through their canadian subsidiary - ArcelorMittal Dofasco (based out of Hamilton). Phase 2 will be completed ideally by end of next year, which at that point will either double or triple their biocarbon production + start producing RNG. That RNG will be sold to a gas company like enbridge or FortisBC or another gas company like that. Next year before the RNG production starts, they will be working on securing a 15 to 20 year gas contract with a gas company. (That is going to be a HUGE milestone iA) That's their first commercial facility. They will also start constructing their 2nd facility next year sometime in Lake Nipigon, they've partnered up with Lake Nipigon Forest Management Inc (an indigenous led forest company who owns a massive forest up north). The forest company will be providing all of their wood waste to CHAR to use in their 2nd facility to convert to biocarbon. Also, their facility in Thorold , they partnered up with the BMI group (CHAR leases the industrial land from them) and the BMI group put in $8 million towards the thorold facility for 50/50 partnership and also put in $2 million into the CHAR company as an investment. Arcelor Mittal also invested $6.5 million ($5 mil USD) into CHAR. So essentially, once they hit these milestones of their thorold facility and the 2nd facility in lake nipigon, it should blow up. Also the stock in 2021 went over $1 just based on news of these projects and partnerships. Right now its in the low 20 cents area, and theyre closer than ever on actually bringing these projects to life. So once the projects are up and running, ppl will see the growth and revenue increase and they will be closer to breaking even on their net income than ever. Also, they've received over $13 million or so in grant and government fundings (NRCan, provincial funding and others) etc towards their company and projects. Now with the BMI group on board with them for the thorold facility, theyre held accountable and the construction of the facility is going according to plan. Before they sort of dragged their feet but now they have these huge partners and additional funding and help. Theyre also working on securing financing for the phase 2 of the thorold facility (so with the BMI group on board with them, it'll be easier to secure that). The BMI group is a multi billion dollar industrial real estate company and theyre already talking about replicating the thorold facility onto their other industrial sites with CHAR. So they'll eventually gear up to more facilities. In a nutshell, CHAR, through high temperature pyrolysis will be burning industrial waste , bio waste and wood waste etc and turning it into biocarbon and renewable natural gas. Which can then be sold to steel manufacturing companies and gas companies . The reason steel manufacturing companies are interested in buying this biocarbon is because carbon tax is high and its going up by $15 per year until it reaches $170 per tonne of C02 by 2030. Also, Canada has energy goals by 2030 and 2050. Net zero by 2050 totally i think and so these steel companies are also looking for energy efficient or green solutions to their charcoal that they currently burn. Just about a week ago, CHAR tech was invited to join CISERA (Canadian Iron & Steel Energy Research Association). ArcelorMittal Dofasco and a few other steel companies and Canmet Energy who is associated with NRCan. Disclaimer: Not Financial advice, please do your own research also!

sweejaa

Hey man, id highly recommend looking into CHAR Technologies (CVE: YES), not to put your full amount in, but maybe 5% of your portfolio. Let me know if youre interested in my due diligence, its a medium term buy and hold. NFA.

sweejaa

CHAR Technologies - CVE: YES Buy and hold!!!