Ann: Carbon Energy Completes Major International , page-12

re: Ann: Carbon Energy Completes Major Intern... No matter how many hopeful announcements are made the facts is that the technology is not proven until the panel produces consistent volume and quality fo syngas. There is a long way to go first the volume of gas produced by the panle has to be continuous. Secondly the quality of the gas has to be acceptable. Thirdly the engines need to perform and run smoothly to generate the electricity. it is only when all of these processes have been proven and in operation for some time that the proof of concept will have occurred.

Until that time signing conditional agreements for 'overseas acquisitions; means nothing until the pilot panel performs.

The market is all 'announced out' and really wants to see proof of concept.