The RFP is a pilot gas to power project designed to demonstrate to Govt that CBM can sustainably support commercial operations. I accept there are commercial quantities of gas in situ but it is one thing saying the gas is there and another demonstrating it. Tlou has achieved the first and are working to demonstrate the second - their stated strategy being to deliver an ‘up to 10MW’ plant initially.
The subtlety of the point is significant - and missed by most retail investors.
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The RFP is a pilot gas to power project designed to demonstrate...
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