In response to issuesraised lets agree on this. Most of thecoal on the east coast is at 250m or more which is what we are looking at -this is standard fare, anyone who doesn’t know that is well out of datein the coal industry. We are looking at a very large and thickseam at 236m.
A potential gasificationpartner would build own andoperate the plant so would be responsible for funding all of that componentof the project. HXG would pay them a tolling fee to compensate them foreffectively converting coal (and steam) to hydrogen.
The issue that the Oil and Gas industry has had iswith capture - namely separating out from other gasses. In our processthere is only hydrogen and co2 and they have very different mass so are easilyseparable.
The steam reformationdoes not result in zero co2, what it does do is produce a “capture ready” co2that can be sequestered.
Big news soon
