now thats entertainment, page-31

Something huge about to happen...

MR MAKINO and coldry endorsement for syn gas for latrobe valley ./ export and local use pellet shandy.

http://www.theaustralian.com.au/business/companies/agls-15bn-power-bill-as-it-eyes-loy-yang/story-fn91v9q3-1226281061061

according to the market AGL was sold down for the purchase of LYP and its debts?

but is the market aware of potential commercially viable syn gas conversion of the lignite resource AGL will acquire.?


AGL chief executive Michael Fraser described the acquisition as a "no-brainer" based on expectations that gas and black coal prices would rise and that brown coal from the adjacent mine cost just $6 a tonne, compared with $45 a tonne for NSW black coal

for AGL they will recieve 1.2 billion dollars from climate change act plus Alcoa paying that 50% of carbon tax for baseload power from LYP to its smelter.

ONLY IF they remain in operation at Portland and Geelong,
800 million dollar carrot available now, plus cats no 1 supporter expected to " KEEP ALCOA OPERATING AT ALL COSTS?" you would expect AGL to recieve state government funding towards developing low cost technology in reducing carbon emissions.
Syn Gas and AGL shares with ECT rerating.
8c by August 2012.