EUROPEAN PARTNER WINDSPACE INVESTS ADDITIONAL FUNDS IN ENVIRONMENTAL WASTE INTERNATIONAL

Company: Environmental waste international
Listings :TSXV , US OTC
Ticker: $EWS $YEWTF 
Market cap at time of publication: $74 MCD
Stock price at time of publication: 0.30 CAD
Business: Tyre and waste recycling through reverse polymerization
TAM Market size: 158 billion $
Comparable peer : Scandinavian Enviro systems $SES
Website: https://www.ewi.ca/

Environmental Waste international has today (22/4 2021 ) announced that they have raised $1,233,000 million via a private placement of 4,110,000 Common Shares at $0.30 per share. There were no fees paid for the raise. Among the participants was the European partner Windspace. The European partner is expected to generate revenues of up to $100 million dollars in the next few years. Windspace , through its subsidiary Elysium, is currently constructing a facility that will treat 30,000 tons of ELT every year.

The company issued the following statement with the press release:

“We chose to raise a modest amount of working capital to accelerate the commercial-scale deployment of our proprietary technology. Our previously announced partnerships for development of plants in Canada and Europe are proceeding in a timely manner, so we feel it is prudent to expand our execution capabilities accordingly,” stated EWS CEO Bob MacBean

ESG comment: This is an extremely promising step that further strengthens the partnership between Windspace and EWI . EWI is on a path to a breakthrough year and currently has 5 planned facilities in Europe and Canada. It’s also very impressive that the financing was done without the need to pay any fees!

Legal Disclaimer:

I own shares of this company personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying me for content posted on this blog.

ENVIRONMENTAL WASTE INTERNATIONAL RECEIVES ADDITIONAL $600 000 INVESTMENT FROM JV

Company: Environmental waste international
Listings :TSXV , US OTC
Ticker: $EWS $YEWTF 
Market cap at time of publication: $82 MCD
Stock price at time of publication: 0.33 CAD
Business: Tyre and waste recycling through reverse polymerization
TAM Market size: 158 billion $
Comparable peer : Scandinavian Enviro systems $SES
Website: https://www.ewi.ca/

One of our biggest holdings , EWI, today announced that they have received an additional $600.000 investment from their Joint Venture partner Torreco Inc. The payment is part of the $7 million investment which has been agreed on with Torreco Inc.

The press release stated ” Torreco has now invested $1 million and owns 10% of Ellsin. It is committed to investing an additional $6 million over the next four months. After investing $7 million, Torreco will own 70% of Ellsin; EWS will retain 30%. The $7 million will be used to expand and modernize this state-of-the-art plant utilizing EWS’s latest technology. EWS will receive a royalty of 6% of revenues, and the facility will be available for demonstration to potential EWS customers throughout the world.”

The Joint Venture partner Torreco has in return to to this investment opportunity agreed to build three additional waste tire facilities in Ontario over the next five years and will retian exclusive rights for Ontario if they live up to this comittment.

ESG comment: It’s very positive and promising that Joint Venture partner Torreco inc has continued to show their serious comittment to the development of the first full scale plant of the unique and patented reverese polymerization technology of EWI. In my opinion this facility, when ready, will contribute massively towards a global rollout of EWI technology for tire recycling customers worldwide. In total there are now 5 EWI facilities planned to be built: 4 in Canada by Joint Venture partner Torreco Inc and one by the EWI customer Windspace/Elysium in Denmark, Europe.

I own shares in this company personally and this is not to be considered financial advise neither are my opinions to be considered recommendations of any kind, always do your own research !

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Investigating the EWS drop of March 23rd

Company: Environmental waste international
Listings :TSXV , US OTC
Ticker: $EWS $YEWTF 
Market cap at time of publication: $85 MCD
Stock price at time of publication: 0.34 CAD
Business: Tyre and waste recycling through reverse polymerization
TAM Market size: 158 billion $
Comparable peer : Scandinavian Enviro systems $SES
Website: https://www.ewi.ca/

The share price of Environmental Waste International dropped sharply ,and at first glance unexplainably, on 23/3 2021 despite great news on 22/3 2021 about a Joint Venture which would enable the company to gain its first commercial facility in Ontario by way of a 10 million CAD investment by Joint Venture partner Torreco. With 3 additional plants commited by Torreco, the commercial plant being finalized in Sault Ste Marie, Ontario and the Nyborg plant about to be built by Windspace in Denmark EWS as of now has 5 facilities planned.

I’ve since been looking for an explanation for this drop and I think i’ve found it. There was a very inbalanced article written in a local newspaper about EWI on 23/3 .

I’ve read this article several times, and found that it is seriously imbalanced and selectively chooses information to report on. I verified some information which I would like to report:

-The article talks about the emissions from the factory and fails to report that the total Carbon Dioxide emission equivalent from the factory is the same as the CO2e generated from two typical households.

-The article mentions the noise pollution and fails to highlight that the factory is located in an industrial area that is close to Algoma Steel factory.

-The article bundles the EWS technology with thermal treatment of tires (including pyrolysis), which is not fair. As shown in a very good article from Seekingalpha , the technology here is far more environmentally friendly compared to other “thermal treatment of tires”.

-The article does not address the problems associated with not recycling the tires; an article about tire recycling that does not address these problems, IMHO, is not a balanced one.

-The article mentions the storage of the tires, and fails to confirm that the tires will be stored in shredded format, which is far more environmentally friendly than the traditional storage of tires.

-The article also fails to report that the emissions from producing the raw material from tires using the EWS technology is 70% less that the emissions of producing the same material in virgin form.

As a result of this I decided to add to my position after this drop. I believe EWS has a very very bright future with many announcements to come shortly as I also explained in my recent article on this company.

 I own shares in this company personally and this is not to be considered financial advise, always do your own research!

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NOW OR NEVER FOR ENVIRONMENTAL WASTE INTERNATIONAL

Company: Environmental waste international
Listings :TSXV , US OTC
Ticker: $EWS $YEWTF 
Market cap at time of publication: $85 MCD
Stock price at time of publication: 0.34 CAD
Business: Tyre and waste recycling through reverse polymerization
TAM Market size: 158 billion $
Comparable peer : Scandinavian Enviro systems $SES
Website: https://www.ewi.ca/

Analysis of the new Joint Venture parntership

After announcing a new Joint Venture partnership on 22/3 share price of the company has fallen roughly 30 %.
One would think that a new partnership would have affected the share price in a more positive direction.

So why this sudden drastical fall in share price?

My analysis is that the market has seriously misjudged the Joint Venture partnership just announced as if EWS had negotitated from a position of weakness and is selling their test plant for pennies on the dollar. The actual situation as I interpret it could not be further from the truth.

I believe this Joint Venture partnership to be the most significant event in the entire history of EWS. IF you have any sort of sales or technical background you know that in order to be able to sell large amounts of advanced technical systems you need a commercial demonstration facility. EWS have against all odds been able to sign a 100 million dollar contract even before having a commercial facility and also gained a valuable shareholder in their customer Windspace.

Business model and current client situation,

The EWS business model is clearly built around reccuring revenues. Their plan is is of course to make money on each plant sold but the real and long term revenue is from a never ending royalty streams from each plant.With 3 additional plants commited by Torreco, the commercial plant being finalized in Sault Ste Marie, Ontario and the Nyborg plant about to be built by Windspace in Denmark EWS as of now has 5 facilities planned.
Ongoing client discussions with other clients in are likely to be announced by the company sooner rather than later judging by the latest management discussion ” EWI is currently working on a number of plant sales with both public and private entities in Canada, Australia, the UK, Nepal, India, Denmark and Italy. The Company is also evaluating a number of potential partners in China.”


Joint venture with Torreco

In the press release you can read between the lines that the price of 7 million CAD is lower than it normally woud have been due to the fact that Torreco is committing to building three additonal plants. If instead EWS had raised the 7 million CAD which is now being invested by their Joint Venture partner Torreco it would first of all have been time consuming and secondly it would have caused a large dilution. I strongly beleive that EWS will have a lot easier time selling and signing more multi million dollar contracts by having a commercial facility in the own backyard built by their own engineers. What can also be read between the lines of the press release in the Joint Venture agreement is that EWS will be able to use the facility as a demonstration point for new prospective customers and clients

The first commercial facility will also be operational a lot sooner than the plant being built by EWS customer Windspace in Nyborg.
My estimate is that EWS by choosing to sell their test plant at a reduced price to Torreco will save between 12-18 months of time and will have the Sault Ste Marie, Ontario commercial facility up and running in between 8-12 months. So instead of having to fly over to Europe for customer demonstrations EWS will now have a working commercial demonstration facility which they will still own 30 % in and get royalty payments withi driving distance of their main office.

Current debt situation of EWI
Thanks to the joint venture Torreco will be consolidating all the debt of the subsidiary Ellsin Environmental Ltd . I expect that this should substantially improve the EWS balance sheet and This will put the company in a very strong financial situation.

ESG conclusion: EWS has a very exciting time ahead and the current pressure on the share price is a good entry point for anyone contemplating of taking a position in the company. I’m also expecting an update from the company shortly about ongoing customer and prospect activities. EWS is a 15 year in the making overnight success (ironically speaking) and has its most exciting growth in the near future.

 I own shares in this company personally and this is not to be considered financial advise, always do your own research!

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Weekly ESG portfolio update

ESG PORTFOLIO UPDATE

Performance last week : 2021-03-08– 2021-03-14

ESGFIREAT40 Portfolio: +25,76 % 
Dow Jones: +4,1 %
Nasdaq +3,09 %
OMXSPI:+ 3,12 %

Performance YTD:

ESGFIREAT40 Portfolio: +171 % 
Dow Jones: +7,1%
Nasdaq: +3,35%
OMSXPI: +12,47 %

Top performers:
Environmental Waste Internation $YEWTF / $EWS + 26 %
Grande West Transportation $BUS/$BUSXF + 24 %
Cielo Waste Solutions $CMC.CN / $CWSFF + 23 %

Underachievers:
Blue Bird Corp $BLBD -7 %
Absolicon $ABSL -2 %


Portfolio update comment:

The past week was a great comeback for the ESG portfolio and growth stocks. After losing almost 15 % the week before the portfolio soared back 26 %. An exception last week was that the performance was evenly split between several stocks and not just credited to Cielo Waste Solutions. Environmental Waste International had a great performance alongside Grande West Transportation. Personally I think all mentioned stocks remain attractively valued. As you can see in the picture above the portfolio is now at an ATH with both total value and performance higher than before the 10 year yield “crisis” which spooked many investors the past few weeks. For those of you who read my post about the market turbulence you will recall that I did not sell or reallocate my positions since I was pretty sure the yield curve turbulence was a temporary fluke.

The 10 year yield “ghost”

I still believe the yield curv “ghost” might come back to haunt growth stocks when and if the US 10 year yield continues to climb but this should hardly be a cause for concern and unless you’re a trader or have very low risk/volatility tolerance I don’t see any cause for preemptive action. Some believe there wont be peace in the markets until the 10 year yield hits 2 %. This turbulence makes it even more important to “know what you own” . The more you know what you own the higher conviction you can have during market turbulence which is exactly what helped me remain calm during the latest yield turbulence.

Graphic of the US 10 year yield below



Conclusions

Was this market turbulence stressfull for me ? Yes! Did it test my conviction ? Most certainly YES! But knowing what you own and making your own mind about what your portfolio company’s potential and value is will help you remain calm. As a friend of mine who is the author of the book “stock market psychology”usually says “ Activate system 2 ! This means using your reflective thinking”. Most people will only act with primal instincts during crisis which means the brain tells you to “survive at any cost”. This survival instinct often materialises as an action to sell all your stocks in panic so you can “save what can be saved”. As a disclaimer and exception however it must also be said that every situation is unique and there is no general rule that can be applied to all market conditions.

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This is not to be considered financial advise, always do your own research!

Major news update for Cielo Waste Solutions

Cielo Waste Solutions
Ticker: CMC.CN / CWSFF
Listings: Canadian Securitites Exchange / US OTC
Website:https://www.cielows.com/
Market Cap: 340 MCAD at time of posting
Share price: 0.99 CAD at time of posting

Our biggest portfolio holding Cielo Waste Solutions today (3/3 2021) announced that they have acquired an interest FREE loan of 10 million CAD which will be used to buy a site near Edmonton Alberta for Cielo’s planned 100 % owned waste to high grade renewable fuel facility (“Edmonton Facility”). The factory will be able to generate annual revenues of 55 million CAD once completed. Cielo writes the following in the press release:

“This marks the beginning of Cielo’s expansion plans which is ahead of its previous schedule. Cielo will have the discretion to use the balance of the funds as needed, for working capital purposes, and to repay in whole or in part Cielo’s largest secured lender, which is currently owed approximately CDN$3.8 Million.  “

The terms for the 12 month loan are impressive for a company of Cielos size, no interest is payed and the loan may only be converted into shares at a price per share of 1.02 CAD . Also Cielo has the right to repay the loan at any time during the 12 month agreement. The only drawback is that Cielo is required to pay a transaction fee of 700 000 CAD and also commission to a third party amounting to 800 000 CAD.


Cielo comments on this transaction in the press release: “Cielo believes these fees and commissions are well in line with industry standards and eliminate high interest payments and saves Cielo millions in debt payments without significant dilution of the company shares with an exceptional conversion strike price.”

CEO of Cielo Don Allan Comments on the transaction:

“To be able to purchase this land for cash and no mortgage allows Cielo the ability to choose numerous options to raise the $50 million for the construction of this facility and the extra money required to prepare the land. The plant will initially be engineered to produce annually approximately 33 million liters of high-grade renewable diesel which at todays prices is approximately CDN$55 million in annual revenues. The land is large enough to allow for multiple expansions. Cielo is having an amazing start to 2021 and is poised to continue strong growth on all fronts.”

I certainly agree with the statement from CEO Don Allan And Cielo confidently remains our largest portfolio position by a far. Cielo is one step closer to becoming a multi million dollar business.


If you missed it check out Robert Mc Whirters discussion on Cielo from BNN on 26/2 2021 where he puts an insight that the company’s share price could be worth 8 CAD .
Link: http://www.bnnbloomberg.ca/market-call/robert-mcwhirter-discusses-cielo-waste-solutions~2149646

Link to press release from 3/3 2021 :
https://ceo.ca/@thenewswire/cielo-announces-letter-of-intent-for-cdn10m-convertible

 As always do your own research and this is not to be considered financial advice.

Robert McWhirter which gave Cielo a price target of 8 USD when we visited BNN (link to interview: http://www.bnnbloomberg.ca/market-call/robert-mcwhirter-discusses-cielo-waste-solutions~2149646).

Quick Introduction of

Company: Environmental waste international
Ticker: $EWS
Listing :TSXV
MCAP: 47 M$
Business: Tyre and waste recycling through reverse polymerization
TAM Market size: 158 billion $
Comparable peer : Scandinavian Enviro systems $SES
Upside to peer evaluation: 429 %
Website: https://www.ewi.ca/
Stock price at time of writing: 0.24 CAD

Upcoming catalysts:
-EWS is currently working on a number of plant sales with both public and private entities in Canada, Australia, the UK, Nepal, India, Denmark and Italy. The Company is also evaluating a number of potential partners in China. ( see sources below)
-Improved investment relations strategy

Environmental Waste International (EWI)has developed a patented ground breaking recycling technology for the latest 15 years which is now about to become commercially viable. I have written about this company before on my twitter page but I wanted to give a brief introduction to the company here for you fellow blog readers.

EWS develops environmentally friendly products for waste treatment and disposal. Its predominant focus is on recycling waste rubber, primarily tires, into valuable by-products which can be sold and reused.The Company has built a full-scale Pilot Plant Tire System.

The system breaks the molecular bonds in tires and other rubber products, reducing them to their base components of carbon black, steel and hydrocarbon vapors. An off- gas system processes the vapors to recover the oil, the remaining gas is used as fuel for the plant .Governments and industries worldwide recognize the need for technology to deal with the processing, treatment and eventual disposal or recycling of tires and other waste rubber products in a environmentally safe manner. EWS provides unique and effective solutions this problem. EWS business model is to both sell plants and earn royalty on the commodities that these plants produce . This will make way for a very good mix of both one off sales and reoccurring revenue streams .

In addition to tires, EWS has designed solutions for the safe disposal, recycling and/or recapture of useable byproducts for the following waste streams:
•Liquid Biological Waste Systems;
•Food Waste
•Medical Waste
•Animal Waste

Conclusion

EWS has a ridiculously low market cap for a company which already has an order of 100 million dollars . EWS has crossed the barrier towards becoming commercially viable and the risk is considerably lower than for its competitor $SES. $SES does not have any real revenues yet. I beleive this is a REAL ESG investment which mutual funds and other institutional actors will race to become shareholders in once the market cap becomes big enough which we believe is only a matter of time . Hence I’ve made EWS our TOP 3 BIGGEST investment along with Cielo waste solutions.

EWS has recently won an order worth 100 million USD from Windspace in Denmark which will build the first large commercial plant for EWS in europe. EWS is on the verge of commercialization breakthrough but this has yet to be reflected in the stock price . When comparing with $SES Scandinavian enviro systems my insight is that there could be a 400 % upside from current levels.

The EWI customer Windspace has already gained environmental permits and financing for its first factory in Denmark with construction beginning in 2021 . This news has yet to be acknowledged by the stock market. Windspace has also invested in EWS as a shareholder . Windspace has even said in a podcast that they chose EWS technology over Scandinavian enviro systems because the technology is BETTER. Windspace were originally going to partner with Scandinavian enviro systems!

Tire recycling plants using EWS’ technology do not require tipping fees, carbon credits or other government support to generate a compelling ROI which makes it standout from its competitors.





Markets sub Categories
90 billion- Liquid waste
50 billion USD -Food and animal waste,
9.5 billion USD- Tires
9 billion USD – Medical waste

This is an introductional post. Further detailed analysis will be done coming up. I wanted to share this NOW with you readers since the technical chart looks like the EWS stock might be poised for a breakout. As always do your own research and this is not to be considered financial advice.

Sources :
https://marketscreener.com/quote/stock/ENVIRONMENTAL-WASTE-INTER-10432205/news/Environmental-Waste-International-EWI-MDA-Sept-30-2020-31873217/…
https://green-giraffe.eu/projects/elysium-nordic… https://elysiumnordic.com/news/6?locale=en…
https://ewi.ca/the-tyre-recycling-podcast-episode-10-business-witness-jens-elton-andersen-and-lvaro-silva.html…
https://ewi.ca/environmental-waste-international-announces-partnership-to-enter-the-european-market.html…

Portfolio introduction 21-02-23

Hard lessons in the past have thaught me to diversy my risks. In my portfolio summary below you will perhaps be surprised by the big size of my biggest position however don’t let this fool you because when the position was initiated it constitued less than 10 % of the portfolio. Below you will find a summary of all my current positions . You will have to excuse the poor resolution in the image below , I blame excel for this inconvenience 😉 . I will go through the companies of my biggest sector holdings today. In the coming posts I will go through the remaining sector holdings in further detail.

Holdings per sector :

Writing this entry I realize that my portfolio is leaning heavily towards the recycling and renewable energy industry, however there is a good reason for this. This specific sector in my portfolio constist companies that solve REAL issues with pollution, landfill waste and the worlds need of clean energy. Reducing carbon emissions through green and clean energy is a global goal which is hardly debated anywhere in the world.


Recycling and Renewable Energy Sector holdings

Cielo Waste Solutions
Ticker: CMC.CN / CWSFF
Listings: Canadian Securitites Exchange / US OTC
Website:https://www.cielows.com/


Cielo’s plan is to construct 40 refineries within 7 years for renewable diesel using alternate waste feedstock. The techonology is proprietary , patented and has been developed for 16 years. Cielo can also produce naphta (jet fuel) and renewable diesel for the marine sector. Renewable diesel has shown to be 90 % lower in carbon emissions than regular diesel at least according to Cielo’s competitor Neste : https://www.greencarreports.com/news/1103998_renewable-diesel-90-percent-lower-carbon-emissions-than-regular-diesel-neste-claims
My opinion is that compared to Cielo’s north american competitor GEVO ,which uses farmland to grow fuel crops, Cielo’s solution has a far better impact on the environment using waste to create renewable energy and getting rid of harmful landfills and dumps.

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Environmental Waste International
Ticker: YEWTF / EWS
Listing: TSX Venture
Website: https://www.ewi.ca/


EWI uses a patented technology called reverse polymerization to convert used tires into precious commodities such as Carbon, oil and metal. Reverse Polymerization technology is far superior to regular polymerizaton in which there are plenty of competitors. EWI’s recycling system reduces greenhouse gas emissions by nearly 90%. Every day 4,1 million tires are scrapped and mostly put into landfills that constitute a massive negative impact on the environment. EWI has recently signed a deal with the danish environmental investment company Windspace that gives them exlusive rights to construct tire recycling facilities in Europe. This deal alone is estimated to be worth well over 100 million dollars in revenues in the coming years for EWI.


EWI technology can also be used for:

  • Liquid Biological Waste
  • Medical Waste
  • Food Sterilization System


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Char Technologies Ltd
Ticker: YES.V
Listing: TSX Venture
Website: https://www.chartechnologies.com/


Char has a patented and unique product that can now replace regular coal in coal power plants with Biocoal and also produce RNG which has a tremendously positive impact for the environment. The company says ” Char is Converting challenging organic streams into a greenhouse gas neutral biocoal and second generation Renewable Natural Gas (RNG)”. CHAR’s pyrolysis technology is recognized as a future solution by NYC DEP to process biosolids into value-add products. Char also has a solution to contamination of PFAS in landfills and water reserves.

Xebec & Greenlane renewables both participate in first-
generation anaerobic digestion (biogas) technology

• Pyrolysis is a second-generation technology
• Recent study shows 82% of RNG in Québec will need
to come from Second Generation RNG (Énergir)
• Char’s pyrolysis technology can convert woody material into RNG
• Pyrolys is also an identified pathway to generate green
hydrogen



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HydrogenPro
Ticker: HYPRO
Listing: Norwegian Merkur Market
Website: https://hydrogen-pro.com/

Hydrogenpro has a proprietary technology to produce cost competitive green Hydrogen using alkaline. Hydrogenpro announced on 2021-02-22 that they will be able to produce Green Hydrogen at a cost below 1.2 USD per kilogram already in 2022. This is an extreme breakthrough if the company can deliver on these promises especially since one of their competitors NEL has a target of 1.5 USD per kilograms for Green Hydrogen in 2023. HydrogenPro technology, if it delivers as promised, will be ready to compete in terms of price with gray hydrogen already next year in 2022.


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Fusion Fuel Green PLC
Ticker: HTOO
Listing: Nasdaq USA
Website: https://www.fusion-fuel.eu/

Fusion fuel has a proprietary patented technology to create Green Hydrogen using sun and water. Using years of experience in concentrated solar energy and renewables, the Fusion Fuel team has developed a ground breaking method to create Green Hydrogen at a cost far below any commercially available methods in the market today and can openly compete against traditional methods that produce brown and blue Hydrogen. Fusion Fuel has developed its own proprietary electrolysis solution using solar energy to create Hydrogen with zero carbon emissions. In fact, Fusion Fuel’s technology only creates Oxygen as a by-product .