Some people here were saying that a solution to CXY’s weak financial position was a JV with a Major company. If I can recall correctly, some people even said that CXY was already in talks with BP. I stated that if Major company’s wanted to get into UCG they would simply go straight to the UCG technology providers and bypass CXY. As we can plainly see, that is exactly what they have done.
bp and lawrence livermore ucg, page-7
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