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9.26% 4.9¢ central petroleum limited

week ahead / what to expect, page-13

  1. k1111
    473 Posts.
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    28/12/09
    08:44
    Post #: 6086124
    Don,

    As I understand UCG concept is to burn the coal in deep underground with the injection of air / O2 and extract the syngas after the burning process. Just imagine, after burning process, only ashes are left behind and they will pump in water to fill in the voids. Where are the coals left behind? Where is the CSM? Something is not stacking up.

    Any UCG experts comments?
    CTP Price at posting: 14.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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