While we wait for the Indian deal to be formally and publicly acknowledged, coal usage continues to trend as a major power source in other global (and more importantly emerging) economies ... Ghana.
"Ghana considering clean coal technology for power production"
http://graphic.com.gh/news/general-...ean-coal-technology-for-power-production.html
Some relevant extracts which supports the demand for the use of coal and the ever emerging presence of "clean coal technology".
The minister said clean coal technology for power generation had undergone significant scientific reforms which made it environmentally responsive. As a result, he said, almost all leading developing countries championing the cause of climate change and environmental sustainability were using clean coal as their major source of power generation.
And here is something that sounds familiar ...
The President of the SEC, Mr Wang Huinong, disclosed that modern coal power technology had zero water wastage, 100 per cent solid waste utilisation and recycling with waste water sludge made into fence bricks.
Notice that there is yet to be a release of what and/or who "clean coal technology" is going to be used by the global economy ... Once the Indians mention ESI, Coldry and Matmor publically - the world will turn their eye to our technology as clean coal technology continues to trend strongly.
On a side note - demand has been building very steadily over the last week and the supply side is thinning out.
This stock is becoming a closely held stock as "investors" realise the potential and believe in the story. No room for traders in this stock ... those waiting to have their order filled need to think a bit harder about the impact of 0.001 on their order! I've said it all along ... "what's 0.001 on your cost base when this stock rockets?"
Continued thanks to fellow long term holders and contributors to this forum. Look forward to Mega's return to here from him.
GLTA. DYOR. Strap yourself in!
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