NZC nzuri copper limited

When this stock was about .045 I saw it as having huge...

  1. 271 Posts.
    When this stock was about .045 I saw it as having huge potential. They were about to embark on the testing of their process of turning coal to liquids at the Oak Park facility. ( -37?49'43.95,144?25'21.95 ) Put this into the search bar of google maps.
    The way I saw it, with the use of very hot water and the addition of a catalyst applied to the coal under extreme pressure, the coal would be broken down to release hydrocarbons. Once the process was initiated the catalyst would no longer be required.
    I presume the catalyst was the magical w10.

    This was Regal?s explanation taken from Major Milestone achieved at Oak Park on 04/06/2010.

    It has been widely documented that supercritical water converts coal to liquid hydrocarbons. Water in this state (temperature of approximately 3700C, pressure 22Mpa) acts as a solvent to break the carbon-carbon bonds in the coal, and acts as a reactant to donate hydrogen to the coal. The reaction converts coal containing 5% hydrogen to liquid hydrocarbons with approximately 13% hydrogen.

    Although I saw risk, I wanted to take part in something that could?ve been a game changer. So weighing things up, I put a small amount into Regal.

    I was disappointed when the vessel testing didn?t go as expected, which consequently meant the in-ground testing never went ahead.
    I had some hope, while also some reservations, for W10 but that didn?t go well. The way I read their explanation was that the catalyst cost more than the recovered hydrocarbons were worth.
    The lack of results resulted in the price sinking to a low of .008 in August and September of 2010.

    At this point I felt the stock was in a coma and the priest was about to read the last rights. I thought it was only a matter of time, but while there was a pulse there was always hope, and besides, I had already lost most of its value, so what the heck, I kept my holding.

    Now with the Gold potential, the Biomethane thing, and UCTL still being worked on in partnership, Regal is now awake. Having risen of its death bed it is back on the field and looking dangerous in front of goals. The share price is now .028 and I expect it to go higher on good news from South Kivu.

    As for how high it will go, it might go past my initial purchase price so I will continue to hold. Though my optimism is tempered by there being 583 million shares on issue, and I expect further dilution from a likely fund raisers. Even with success in one of their ventures, it will be years before they are monetized.

    If they do kick goals and success comes their way then this could be the second greatest comeback of all time which will make me and all of you, quite happy indeed.

    I wrote this over the weekend and now as I am about to post I see the price is at .032 so things are on the move again.
 
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