Hi all,
Was reading through your posts and noted Jakes mention of
the fraccing and "water issues".
The big guns like Arrow/Shell/PetroChina/BG etc should be
getting behind small companies like Penrice Soda
(ASX:PSH). Now these guys are onto something worthwhile to
make use of the brine extracted from a CSG well (and have
GE backing). Sure beats pumping it into evaporation ponds.
Greens should focus their energy in making this work
rather than waisting their time trying to stop an industry
that the NSW government wants, they have no hope.
Penrice Soda and GE to trial converting coal seam gas brine into saleable products
Trial will be operational early in 2012 and if it's a
goer, will have massive implications for the CSG industry.
Can's see it making the lobbyists go away. Seem to have
made their mind up.
Straight to the watchlist for PSH though.
Gaspew ;)
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