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CG1, CarbonXT Group Ltd
nipper
post Posted: Sep 13 2021, 11:31 AM
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Posts: 10,050
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In Reply To: nipper's post @ Sep 2 2021, 03:51 PM

Test Results Confirm Novel AC Pellets Successfully Destroy Florida Red Tide Algae

New Activated Carbon Pellet technology demonstrates superior performance killing 100% of algae within two hours at low dosages of added algaecide
Florida red tide algal blooms cause severe environmental, economic, and public health issues and there is considerable government support to fund environmentally friendly treatments
Carbonxt provides the following link which details the economic and health impacts caused by red tide algal blooms in Florida - https://bit.ly/2YwTB7t
These pellets build on our nutrient pellet research and commercialisation work. Freshwater eutrophication (water becoming progressively enriched causing excessive algal growth) has been estimated to cost the US economy US$2.2 billion annually



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Sep 2 2021, 03:51 PM
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Posts: 10,050
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In Reply To: nipper's post @ Jan 25 2021, 03:51 PM

The Activated Carbon Pellet business segment continued to show strong market penetration, where revenue growth outside of its largest pellet customer was 118% compared to FY20. This is consistent with the Company market diversification strategy. Pellet sales accounted for 55% of revenue and 42% of sales volume.
Revenue of $12.3 million, down 22% on FY20 due to several non-recurring factors including the impact of COVID19 on business activity, the deferment of pellet manufacturing for certain industrial pellets due to high raw material costs, and unplanned outages at select customers power generation facilities. Exchange rate fluctuations also impacted comparative revenue accounting for 9%, or $1.4m of the decrease.
Underlying EBITDA loss for FY21 of $2.2m, compared to FY20 EBITDA loss of $1.3m .... with FY21 EBITDA being impacted mainly by the decrease in revenue as a result of the impact of COVID19.
Annual gross margin of 28% (prior year: 32%) principally due to higher production costs for the CTC pellets product line as the declining trade terms and higher costs impacted the Arden Hills facility (now resolved). As noted in earlier announcements, industrial pellet production was deferred in April 2021 until the new Kentucky facility becomes operational.


SP has held up OK
and today
QUOTE
Positive results received from testing of new proprietary Activated Carbon Pellet technology in water and wastewater treatment sectors
Three programs advancing:
o AC Pellets being reengineered to adsorb harmful pollutants produced within high humidity environments
o Major nutrient removal tests in Florida underway, third party verification being sought after initial positive results
o Collaboration with Mote Marine Laboratory to develop mitigation technology for Florida Red Tide Algae. Freshwater eutrophication has been estimated to cost the U.S. economy US$2.2 billion annually
o Project advancing with the support of a USD$134,000 government grant, issued by Florida Red Tide Mitigation and Technology Development Initiative.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jan 25 2021, 03:51 PM
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Posts: 10,050
Thanks: 2814


In Reply To: nipper's post @ Jan 24 2020, 08:28 PM

a year later..... CG1 did its Covid plunge, mid to high 40s down to 12c, then basically bounced along around 20c, dropping to 15c by start of this year.

Raised $2M then $3M along the way, in July and Nov,

Somehow, based on no real news, interest has returned and a bit of volume there, returning to 22c.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jan 24 2020, 08:28 PM
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Posts: 10,050
Thanks: 2814


another one that is playing the eco-beneficial use of technology. Its still industrial, but needs are met as, importantly, are tightening legislative requirements to curb pollution.
QUOTE
Carbonxt Group Limited (CG1) is a cleantech company that develops and markets specialised Activated Carbon (AC) products, primarily focused on the capture of mercury and sulphur in industrial processes that emit substantial amounts of harmful air pollutants.

The Company produces and manufactures Powdered Activated Carbon and Activated Carbon pellets for use in industrial air purification, waste water treatment and other liquid and gas phase markets.

And a write-up by someone: https://www.livewiremarkets.com/wires/carbo...nflection-point



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: landrews  
 
 



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