Ho ho ho, is TNC at current prices any early Christmas present ?
TNC's "Biogenic Methane Enhancement" (BME) technology has some interesting claims as per page 2 of 3 of TNC ASX announcement of 18 November 2009 In italics ... "typical hydrogen content of low ranked coals and oil shales is 5% by weight. If all this hydrogen could be converted to methane, gas content would be 10 times that of traditional coal seam gas (CSG)"
This BME technology has some exciting potential with TNC's 50 / 50 deal with Regal (ASX code RER), and TNC's access to "1 billion tonnes of brown coal / lignite" as per page 2 of 3 of the announcement described above.
TNC Price at posting:
1.1¢ Sentiment: LT Buy Disclosure: Held
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