short term vol with sellers
but you HAVE to read the report today.
PB is either going to be laughed out of the room or come back with a LOT of money, or neither,(how would i know).
Anyway, read the report.
extract
It is estimated that there is 1.6 Trillion
tons of unmineable coal suitable for UCG
in the US.
Lawrence Livermore National Laboratory.
• 1.6 Trillion Tons of UCG Coal
• On a 50% recovery rate = 800
billion
• On 1.5bpt gives us 1.2 Trillion
barrels
• At US $100 per barrel USD$120
Trillion potential revenue
i'd be happy with a slice of that. No, a sliver of it!
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