out loud, The Goldeneye and White Rose carbon capture programmes will help put the case forward for the type of route CLNR is embarked upon, this is long term and I am curious as to how in the near term Sandra Onwutalowby (a new name to me) will provide and showcase a small-scale coal gasification plant.I wait to be amazed/corrected! I would have thought Goldeneye was to far away from CLNRs licences to be of use.
Sounds a good move to appoint a new joint broker. Whenever this is done it means that we are going to be announcing a funding..........we shall have to wait and see what Mr Cluff is finally up to.
For me the pressure is on this government to get its energy policy back on track after two Liberal ministers have presided over one of the biggest cock-up's in recent political history.
Tomorrow a former conservative minister will be speaking about this and how it all came about and what he would do to sort out the mess which could mean energy rationing in 2016/17 if we are not careful.
CLNR is only one cog but if the capital costs can be controlled and proven then we shareholders are on to a winner...............back to Mr Cluff and his recent Option deal at 10p.
Get the new brokers working please Mr Cluff.........
Since Linc Energy took a controlling interest in Yerostigaz, improvements to equipment and infrastructure have been made. Yerostigaz is a bench mark for other gasification proponents and continuously produces 1,000,000 m3 of synthesis gas per day from its coal reserves, which is piped to the nearby Angren Power Station. There is sufficient coal in reserve to continue this operation at current capacity for at least another 50 years. - See more at: http://www.lincenergy.com/acquisitions_yerostigaz.php#sthash.Maqr6cNJ.dpuf
CNR holds five conditional licences from the UK's Coal Authority, and as the company's project support officer Sandra Onwutalobi says, those licences have stated publicly that exploration of the coal in these near-shore areas is imminent, subject to permitting.
"Demonstration/first commercial operations are planned from 2016 onwards" she says. "Assuming these smaller-scale operations are successful in the target coal, large-scale production of syngas from these fields could be developed quickly and certainly within the five-year time span [of the licences]."
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