Ann: Dispatch of Prospectus and Entitlement Form , page-15

re: Ann: Dispatch of Prospectus and Entitleme... Jazza
Good to have some feedback from yourself and Kevjb. I did check out Antofagasta's website and found a reference to the UCG project at Mulpun. I don't know much about Hema Endustri. I did check their website but couldn't find any reference to a UCG project. The Sept Qtly for CNX stated that a desktop study had been undertaken and that recommendations for the next steps to be taken in collaboration with Hema were to be identified. The prospectus states that the CR will be used to (among other things) to "further develop pilot planning to identify coal seams suitable for conducting a UCG trial project and schedule commercial development steps." That suggests to me that there is a fair amount of work to be done before a decision can be taken to proceed with a trial (another 5MW plant or confirmation that gas can be produced???) The last thing us shareholders need is a series of 5MW stories around the world! Perhaps we will learn more in the next Qtly but I suspect that Turkey has a fair way to go before a decision can be taken regarding a "trial".
Cheers
Temp
As always DYOR and good luck to us.