LNC 0.00% 99.5¢ linc energy ltd

the black leaf project, page-2

  1. 5,048 Posts.
    dawala,

    he has made a glaring error in his report but the rest of it appears ok and obviously i agree with the sentiment.

    here is the error,


    PHASE 3: Commission a ‘Pilot Plant’ that turns coal into diesel. COMPLETE

    Final Stage of Pilot Plant Construction,
    November 2007


    The 10-week commissioning phase of a pilot facility was completed at the end of February 2008. Australia’s first ever ‘coal-to-diesel’ facility is now FULLY OPERATIONAL and producing ultra-clean, sulphur-free diesel from coal.

    What’s more, this diesel costs just $24 a barrel to produce! Compare that to the triple digit price of UNREFINED crude oil, and the explosive profit potential is plain to see.

 
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