Yeah, I was surprised at the lack of kick from the...

Yeah, I was surprised at the lack of kick from the announcement.

Just goes to show how few people are following PCE at all at the moment. Not for long though.

Cougar, underground coal gasification (UGC), no mining excavation, no transport cost,

syngas, combined cycle power plant, convert low quality coal to high quality electricity at high efficiency, potential to form syngas using oxygen only, and burn using oxygen only for higher efficiency and only water and CO2 exhaust, suitable for direct re-injection for geosequestration

syngas potential to liquid fuels (diesel, petrol, methanol)

energy arbitrage using batteries

major coal permit in the bag underneath the major power lines between Kogan Creek and Milmerran power stations,

technology proven locally on site, internationally in USA/Russia

rising energy prices

declining Bass Strait petroleum production

30% of shares to a European entity (AIM listing?)

UGC is the new uranium, especially after Dateline on SBS this evening.

We will soon be hearing much more about Pinnacle/Cougar