VIV 0.00% 2.5¢ vivid technology limited

SUMMARY ⦁ NCF potentially selling fuel in the US at a comparable...

  1. 7,518 Posts.
    lightbulb Created with Sketch. 847
    SUMMARY

    NCF potentially selling fuel in the US at a comparable production cost to gasoline, expected to be launched by 2018 and worth US $24 billion a year. Perhaps this links in with the news in the Annual Report yesterday that "NCF has successfully run a process to select a new global CEO (located in the United States) to focus and lead NCF through its next stage of development."

    A January 2017 report by the Israel Chief Scientist Office (within the Israel Ministry of National Infrastructure, Energy and Water Resources) indicates that a "commercial reaction unit" is underway.

    NCF may already be working with a steel manufacturer, in Korea or Europe and "two prototypes of work will be launched in a year and a half in two industrial plants in Europe and Israel." Perhaps this links in with the news in the Annual Report yesterday that NCF remains focused on establishing further key international partners for commercialisation, including Europe and Australia.

    ⦁ Thoughts?
    Last edited by verce: 22/10/17
 
watchlist Created with Sketch. Add VIV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.