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narasimha

133 Posts.

01/07/14

11:12

Post #: 13593510
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Originally posted by prowiz ↑

I see a massive market for optiblend, particularly in China and especially in the USA with the shale gas revolution.

Below is a good description of what optiblend is, from recent qtrly report:

Optiblend™ Background Eden has developed an efficient dual fuel system that is capable of operating on diesel engines and displacing up to 70% of the diesel fuel with natural gas. If Hythane™ (hydrogen enriched natural gas) is used in place of natural gas, the displacement of diesel fuel could be as high as 80%. The use of the natural gas will greatly reduce greenhouse gas emissions and, in places where natural gas is cheaper than diesel, will also reduce fuel costs. It has significant market potential particularly in the diesel powered generator set (“genset”) market. As a result of the increase in shale gas recovery in USA, the lower priced natural gas has resulted in a large market in USA for the conversion of these diesel engines to operate on a dual-fuel system of both natural gas and diesel is anticipated. Depending upon the size of the engine and the number of hours per day that it operates, payback times for the conversions are mostly a lot less than 12 months, so the cost is minimal compared to the replacement cost of a natural gas generator.

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superb technology and has immense potential, no doubt

EDE Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Cummins Diesel, page-3

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

True North shares jump on positive activity report as Cloncurry aims for Q1 production deadline

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

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Cummins Diesel, page-3

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

True North shares jump on positive activity report as Cloncurry aims for Q1 production deadline

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

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