It does involve water and hydrogen and produces methanol. And if the heat feeding the process is free then it becomes commerical. Very commercial...
The announcement today about a pilot plant with one of the largest steel producers in the world is very good !
It was fast and that is good !
Its non-binding and will take probably 2 years and then another year before the pilot is operational and then the big tick of approval !
Plus another 'deal' with a manufacturer that would be instrumental in putting together the manufacturing side of the business once it gets going longterm. Sounds really good.
I hate to be a spoil sport but this is still in infancy stage although the promise is compelling.
The SP is cheap as chips(market cap a million dollars) and if u are willing to wait a long time and the promises are fulfilled, then u stand to make a lot of money, but u must be patient !
If the SP were to creep up slowly as the promise develops a glow then u stand to do very well. The best / only way to triple and multiply your money by big factors is to buy cheap ! so patience is the order of the day.
GER Price at posting:
8.5¢ Sentiment: LT Buy Disclosure: Not Held
