the program for PFS, Offtakes, BFS and beyond has been in...

the program for PFS, Offtakes, BFS and beyond has been in presentations since the end of 2007 stocks, when Merrill and Derick (the original founders of SYNGAS Limited) were bought out by GulfX, they signed up to key deliverables in which they earned bonus shares on achieving those stages.

The key points here is that they are achieving results and great results at that. In my mind, the PFS just issued shows professionalism, dedication and good business process, but not necessarily anything new apart from confirmation via calculations and research. The key is the Offtakes to be with large public companies and to be in a committing way other than just "agreements or understandings". If a notice of Offtake comes from a big co. we will leap frog to the next level. Then we need movement on partnering which may find itself in the form of a power company or a decision from one of the fuel companies to take part in funding. The offtakes followed by a funding/partnering agreement will be key.

The best thing about the current climate is also the fear of massive inflation to follow, and what better way to hedge against inflation than to be part of a company delivering fuel, power, and other key biproducts in use every day.

Keep your eyes on the prize.