With thanks to Dex for the link, here is a quick sumamtion for those with time constraints.
The first thing to say is this guy has an enviable track record of being right, the report is strongly bullish. All the words are those of the report editor not me, except anything in brackets which are only shown to identify who, what or where he is talking about.
Summary:
New Technology is often mis-understood and under-estimated
Contrary to several comments about UCG being unproven technology, this is simply not the case.
Several leading nations and corporations are taking UCG very seriously.
CXY has the potential to make huge fortunes.
UCG will produce syngas at 25 to 50 per cent of the cost of competing technologies.
CXY is chronicaly under-valued.
(CXY) team are factually amongst the leaders ona global basis.
(Victoria project) awaits formal contract which will lead to rapid action.
(CXY's) share price has a high probability of appreciation . . . this is a cautious under-statement.
CXY closer to commercial production than (CNX and LNC)
Inking of final Heads of Agreement in Victoria soon.
Sees strong rally soon ona scale larger than any before.
Expects to see strong buy signal in next weeks.
My comments below:
Talk about laying his sphericals on the line. Anyone know if anyone takes any notice of his writings? Cos if so, we're in for quite a ride soon.
With thanks to Dex for the link, here is a quick sumamtion for...
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