thanks buffett...

Hi buffett,

With musky's amazing talents/assistance (lol) we managed to wade through all the recent Announcements, Quarterly's, PW research, and the LNC Investor Roadshow Report - phewwww that was a whole lotta reading!!!

What an industry this UCG is! It's just trillions in potential.

I have never heard of this and invested in CXY some time ago for their vanadium battery technology, which they subsequently dropped and are now concentrating on UCG, so I am kinda 'in' with CXY although I love the technology both joint Japanese & CSIRO IP and the IPL JV that MEE has. It is amazing - Pump in air, ignite underground coal-seam, pump out gas into a reactor, pump out syngas, diesel, jet-A1, amonia etc and/or fire up a bolt on gas turbine and feed electricity into the grid.

So this is the clean coal technology that they are talking about? When you look at the abundance of coal (both existing, used and uneconomic to mine) imo this industry is a godsend, lol!!!

I didn't realise that other countries have been doing this for years. LNC bought up existing technology by buying a Russian company and are well into the pilot plant run.

I can see Hedge Funds getting into this sector in a BIG way.

Anyways, I won't bore you with information you already know. I just wish I had more funds, and the next funds I get I will put into this sector.

Thanks again for the heads up buffett!

Cheers, Pie :-)