An announcement out this afternoon about a new technology CCY has a licence to sell in Australia. This clean coal technology spray increases the electricity generated per unit of coal by 15% and reduces greenhousse gases by about 30%. This technology will be jumped on by everyone amid claims of contrbuting to greenhouse gas reduction and improving image. If this really works, what a bonanza in todays environment. Frankly, this sounds too good to be true, but who knows. If so, I will be resurrecting my CCY scrip from the bottom drawer. In the first few hours since the announcement CCY has jumped 11c and sellers have disappeared.
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