GRV 6.67% 3.2¢ greenvale energy ltd

oil shale, page-10

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    re: oil shale The new technology is not for oil extraction,it is for co-burning with coal, mainly for electricity production..

    It removes almost 80% of Co2 normally emitted from coal, it also remove N and S emissions and produce a black char and spent shale can be used in cement production.....profit INMHO could be in excess of $20 /tonne....

    In this instance you simply dig it out and do a fine pulvorization before mixing with coal....no millions of infrastructure involved...it does not involve retorting at high temperatures.....Ausrtalia alone could use 20,000 ton /day.....
 
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