Gen III Oil - GIII.V

Gen III Oil - GIII.V

Postby investar » Thu Sep 10, 2020 3:26 am

https://www.geniiiesg.com/

"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products."


Today 21 cents

I did some dd in the last days... they had an upbeat corporate update a month ago
https://www.geniiiesg.com/gen-iii-corporate-update/

If they sign an offtake agreement with a Major, the stock should appreciate. If they get the financing to start up the Bowden facility, the stock will soar.

https://www.geniiiesg.com/investors/cor ... entations/
investar
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Re: Gen III Oil - GIII.V

Postby investar » Tue Sep 15, 2020 4:46 pm

I took a first position here at 0.185 CAD.

Some old but extensive research here:

https://www.geniiiesg.com/wp-content/up ... 5.2018.pdf

At that time, the price target was 1.5$

Since then, many milestones have been met. But the financing is still not secured.
That seems to be the reason why it is possible to pick up shares at this low level.
investar
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Re: Gen III Oil - GIII.V

Postby investar » Sun Sep 20, 2020 10:02 pm

They announced to have closed a small private placement at 20cents.

Further comments:

Further to the Company’s press release of July 28th 2020, commercial offtake negotiations with one of the super-majors are progressing extremely well, especially when one considers their size and the number of parties involved. Gen III is also waiting on the final analysis of its Group III base oil samples from the facilities of a second super-major fuels and lubricants producer. Discussions with several banks and private equity groups are simultaneously underway for our projects’ portfolio and we continue to build our syndicate of First Nations for the Alberta project.


I think a series of good newsflow is on the horizon. A good price to enter here
investar
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Re: Gen III Oil - GIII.V

Postby investar » Mon Oct 19, 2020 9:11 am

It starts to move... 25 cents now.

High-profile addition to the board

Offtake agreement with "super-major" any day now?

Strong buy: Green Deals upcoming everywhere
investar
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Re: Gen III Oil - GIII.V

Postby investar » Wed Nov 11, 2020 5:31 am

Super Major deal!!!
With Biden as President, this stock will thrive. 10 bagger in two years???


November 5, 2020
Gen III signs LOI with super major and announces plans for a marine facility in the US Gulf Coast
VANCOUVER, British Columbia, Nov. 05, 2020 (GLOBE NEWSWIRE) — Gen III Oil Corporation (“Gen III” or the “Company”) (TSX-V: GIII) (OTCQX: ISRJF) is pleased to announce the Company has signed a Letter of Intent (“LOI”) with a super major international energy company (“SM”) for the offtake of all of Gen III’s future production of Group II+ and Group III base oils from a proposed 5,600 bpd marine terminal facility in or near Houston, Texas. SM will also have rights related to all future production of Gen III’s Group II+ and Group III base oils from additional facilities constructed by the Company globally.

Gen III’s proprietary and patented ReGen™ technologies re-refine used lubricating oils to produce high-quality Group II+ and Group III base oils that fill the onshore North American production shortfall. Gen III’s re-refining solutions address the growing global demand for environmentally friendlier base oil production by simultaneously recycling waste and reducing greenhouse gas emissions.

The Company’s strategic objective is to become the leader in the global re-refined base oils market. Securing an off-take supply agreement with an SM allows the Company to complete non-dilutive financing to meet expansion and market penetration goals.

“This off-take supply LOI is the penultimate milestone agreement as Gen III moves from vendor-scale pilot plant testing to in-market, commercial adoption,” states Greg Clarkes, Chairman and CEO of Gen III. “The Company’s mandate is to leverage Gen III’s proprietary ReGen™ re-refining technologies through SM’s extensive global footprint and experience in high-quality differentiated fuels, lubricants, retail and advanced low carbon mobility solutions. Congratulations to our team.”

The LOI covers a minimum five-year period with further extension options.

Gen III is currently working with SM to expedite a definitive agreement, further detailing our commercial relationship. The LOI announcement follows previous and related disclosure of a “potential client” and confidential negotiations with a “super major” in Oct. 1, Sept. 17 and July 28 press releases.

Gen III leads the way with innovations in re-refining technology, with 10 patents awarded and seven pending globally. Our ReGen™ technology not only re-refines used lubricating oils removing waste but recycles it into new synthetic products and reduces the need to source virgin crude oils to manufacture engine lubricants.
investar
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Re: Gen III Oil - GIII.V

Postby investar » Wed Nov 18, 2020 8:27 pm

30*33 now, just the beginning!

ESG is in need of projects like GIII's Alberta or Texas plant

This stock is going to 1 CAD in the next 12 months, I believe (and higher)
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Re: Gen III Oil - GIII.V

Postby investar » Tue Nov 24, 2020 7:04 pm

Yess breaking out now.

0.41 and the name of the super major has not even been announced yet.
Financing for Bowden plant and partnership for the others and this stock will really fly!
Today this stock is still very much under the radar.
20-bagger potential
investar
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Re: Gen III Oil - GIII.V

Postby investar » Sun Dec 13, 2020 6:42 pm

Youtube interview with VP Mark Redcliffe:

https://www.youtube.com/watch?v=IP3JsTxT8Sc
investar
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Re: Gen III Oil - GIII.V

Postby investar » Wed Jan 20, 2021 5:29 am

72 cents today, the day of the Definitive Agreement with the Super Major is getting closer

Last days below 1 CAD???
investar
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Re: Gen III Oil - GIII.V

Postby investar » Thu Feb 04, 2021 7:02 am

After a bit of a retracement with even a low of 54 cents, back up to 66-69 range today.
High volumes lately...

indication of Definitive Agreement with the first Super Major getting very close?

Stock could very well surge towards 5CAD (yes, a 10-bagger from here) if the deal is juicy
investar
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