stx and ucg potential, page-15

Hi HC, to underline your HUGE potential claim for STX -

Following the AGM presentation (19.11.2007) the aim is to start sales of base load electrical power in 5 to 7 years (by 2015) in the order of 150 to 300 MW (remark: which would be worth about 35 to 70 Million A$ at current prices).

In a 8 - 10 years timeframe Hybrid Energy will complement the project to produce synthetic natural gas, methanol and ammonia.

And in 10 years the will also produce liquite fuels and hydrogen.

Hartley reported that "the company believes there is a potential for 500 mmbbls of fuel, being produced at rates in the order of 10,000 bopd" (Hartleys Report, 24.4.08, p.4).

I have now idea what the price for a barrel of fuel will be in 2018 to 2020, but at current prices they talk about a 50+ billions project (for the fuels only) ...