It’s pretty obvious they are targeting the US fed who funded this exercise in the first place. By running this exercise with a open to atmosphere production of Cfoam they hope to prove they can provide a new industry in the coal market that can be turned out in huge quantities at economical value. This is what the Fed needs to keep their coal industry afloat when they have to force it out of the fossil fuel industry from the power grid as per the latest Glasgow requests.Coal is now definitely on the nose, gas will almost definitely replace it as a stop gap measure to maintain power grid levels. And in the background is Console ready to pounce when this little exercise proves it can be done.
CFO Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held