nice post obe wan .
so now federal government has 1 to 2 billion dollars to direct to? Retro fit. ?
the PROFIT margins to power stations from sale of BCE will be interesting considering that AGL has 7.7 billion tons of accessible lignite that it owns.
include potential JV into diesel, syn gas,urea,and power stations business model become broarder and potentially cashflow positive.
this would certainly please the banks and a revised credit rating for power stations.
BUT NEED a financially viable drying technology to make it all happen.
"The coal needs to be dryed first to progress to other products."
Coldry provides affordable gateway technology.
What will ALCOA think of coldry as it must act on a carbon reduction agreement with LYP 2014.?
shareholders will need to vote on CSI recieving its shares and options for the 6 million dollars ,DFT hopefully end of October,looking forward to AGM 16th November and voting yes.
ALL IMO please do own research.
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