Synopec is the 2nd largest company in the world now with 1.2m employees. I would suggest that even though they are a massive mother ship, the investment arm of Syno will move quickly to commercialise NCF. It is only a matter of time before China starts heading in the clean emissions direction IMO.
I guess investors want to see numbers and time frames. However, the sentence I picked up on was "LOI outlines the path to a binding Commercialisation Agreement"
That in itself is a massive win for GER!
GER Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held