GNM 0.00% 1.6¢ great northern minerals limited

pilot plant scoping study - wherefor art thou?, page-4

  1. 7,780 Posts.
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    @peak2peak @stevenjd Hi guys hope your both having a good night ! Im running a couple of theories on the OHD pilot plant costings , GPP management have been very quite on this one , and I have it on good note that @ans25 and @cfp have been relentlessly rattling managements cage about this Lol

    1: There last update was below , I'm thinking they may have tweaked the design a number of times to improve the overall performance , therefore dragging timeframes out !

    QUARTERLY REPORT 31 DECEMBER 2016

    RESOURCE TECHNOLOGY DEVELOPMENT: COAL TO CHEMICALS
    During the quarter under review, the Company continued the development of its proprietary coal to chemicals technology called “OHD” (see description below)
    As announced 21 October 2016 the first phase of tests using liquid produced by application of the OHD process as a plant growth bio-stimulant, the tests were carried out on the Company’s behalf by Monash University with very positive results.
    The second phase of testing has commenced with Monash University.
    HRL Technology Group have progressed in terms of reviewing the desktop studies, detailed designs and costing of an OHD pilot plant in Victoria. 31 December 2016 !
    https://hotcopper.com.au/posts/22216550/single

    2: Feb 15th 2017 announcement below mentions The Company confirms it would look to agree to long term off-take contracts as an instrument to fund the construction of an OHD plant. This would be a cracker
    https://hotcopper.com.au/posts/22622525/single


    3: Now this pure speculation , but the Victorian Government is handing out grants to fund VBC better uses and innovations , GPP and Monash Uni have already received one Government grant when the OHD was less advanced than it is now, and Hazelwood Power Station was still operational ! Well now we have great results form the world class Monash Uni I wonder if they are holding back to confirm costing and Government backed funding ATM !
    http://www.bcinnovation.com.au/CoalFuture

    http://www.asx.com.au/asxpdf/20150818/pdf/430kvnwytb26by.pdf

    Problem is if its theory 2 or 3 GPP management are not going to say anything to anyone until the deal is done , and they are being very very quite ATM

    Ps. all critics and keyboard bullies please call management yourselves , because I don't give a rats A#s Lol. Everyone else I hope this was of some help !

    Greenpower Energy
    Managing Director – Gerard King 0418 852 700
    Company Secretary/CFO – Matthew Suttling (02) 9999 1515
 
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