productivity commission says..., page-15

Despite Val's objections and protestations, there is barely a word of caution on LNC threads amongst 100's of posts every week ... SeamF and myself posting occasional contrarian views (within HC posting guidelines) could hardly be seen as derailing conversations imo.

The demonstrated UCG success of LNC thus far for 10's of $mill investment is a few tank fills of diesel to drive a fuel efficient vehicle across Australia ... probably about 200 litres ... I think LNC produced the parafin by diverting syngas through their Chinchilla FT Reactor and a subcontractor refined the parafin to diesel ... I could be wrong on that though.

The Dash for Cash demonstrated that it can be done but imo it is a long bow to assume the process is anywhere near commercial since 200 litres of diesel seems to be the culmination of at least 4 years of syngas production.

Once the coal sales are done they are done ... are overseas depleted oil fields worth the cash without commercial syngas production to make EOR reality?

The idea is excellent and lateral thinking is prevailing it seems ... but it still hinges on commercial syngas production, of which virtually nothing has been trumpeted thus far it seems.

Dex