Also should check out the LNC website for their ucg/gtl technology. The potential for SXP's coal assets is just amazing...coal bed methane, coal-to-liquids, gas-to-liquids, coal gasification etc etc...thats right, LPG, diesel, oil all from coal!!!!
Found an article dated back some time ago that stated "Generally speaking, 2 tons of coal can turn out 1 ton of oil," explained Shu Geping, a senior engineer of the China Coal Research Institute"
Certainly looks to be the next boom sector.
SXP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held