Work is continuing on the potential underground coal gasification (“UCG”) project at the Mulpun coalfield, situated near Valdivia in southern Chile, along with the Group’s partner in the project Carbon Energy Limited (“Carbon Energy”) of Australia. In August 2010 the Group received environmental approvals for the first stage of the project, which allows construction and operation of a pilot scheme including the first UCG panel and on-site facilities, and engineering studies in relation to the trial project were undertaken in the second half of 2010.
Taken from Antofagasta website.
Hopefully we will see approval and commencement of 25mw . IXCP I'm actually starting to think you are a disgruntled x employee.
DASH.
CNX Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
