Excellent process engineering upgrade.
Waste heat from furnace to be used as primary heating source for pellets prior to entry into Rotary Kiln.
It’s commonly used in many projects where exhaust gases are used as a heating source.
Co-generation uses it on gas turbines systems.I have installed drafted heat systems on coal briquette machine lines. So it’s not ground breaking engineering just a good use of waste heat to dry the primary item prior to entry to the furnace or kiln in this process.
All helps in the final process flow sheet.
After we get financing that is!
So great but not the announcement that will lift the share price.
So the only Price Sensitive Announcement will be Finance the Announcement.
AVL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)