Q: What are your thoughts on this company? As it recently finished a bought deal at $1.9 w/ strong interest and with good prospects on the natural gas turbines for O&G sites along with potential access to mining industries it seems it has good head winds for these cheaper and environmentally-friendly solutions.
One risk seems to be their over reliance on their turbine manufacturer where they have an agreement for Western Canada but nowhere else as of now.
With >35% insider ownership and a consistent shift away from pure oilfield services, what are your thoughts on starting a position? If so, what is a good entry point?
One risk seems to be their over reliance on their turbine manufacturer where they have an agreement for Western Canada but nowhere else as of now.
With >35% insider ownership and a consistent shift away from pure oilfield services, what are your thoughts on starting a position? If so, what is a good entry point?
5i Research Answer:
E is small and there is risk here, but we (and other analysts) expect decent growth overall in...