LNC 0.00% 99.5¢ linc energy ltd

first ctl in oz ???

  1. 429 Posts.
    Article from todays Australian. ' Campbell Newman said he would oppose the creation of Australia's first coal to liquids project on fertile farmland at Felton, on the Darling Downs. French company, Ambre Energy, claims the $3billion project could supply one-fifth of Qld unleaded petrol and LPG needs."

    Looking at Ambres web site, it sates that they hold 840km2 of tenaments due west of Brisbane. Felton is south west of Toowoomba. They claim if they could get this up and running there, they would produce up to 18k barrels a day. On the surface it would look like we had some serious competition.

    But then I realized that, we are in fact Oz's FIRST CTL project. We are already producing 'commercially', as per previous announcements. Plus the huge advantage, that at Chinchilla we are NOT on fertile farmland.

    Ambre's site also proudly states of their USA connection. In 2010, the commissioned a high level concept study into production of CTL in the Powder River Basin in Montanna. The conclude by saying that they are conducting further testing in this huge potential. We are so far ahead of these companies. Forget the testing, we already OWN our land in these areas. For those who have faith, we will be the FIRST GLOBAL producers of CTL. Make no mistake!
 
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