RE: Book watch........!1 Aug 2024 21:36
the fact they employed professor eric oelkers suggests the seriousness of the discovery and i have little doubt he will introduce interested parties too.
georgia does not necessarily have the largest mineral storage capacity, there are others far bigger including the deccan traps in india. however, georgia is a good location for carbon storage; the subsurface has a large volcanclastic formation full of zeolite minerals, which have been observed to transform into carbonate minerals within a few months at 60c in the presence of dissolved co2.
in the grand scheme though, 50 million tons of co2 storage is not all than much. i mentioned previously that anthropogenic emissions are 160 times that annually, so block would need 160 sites that size just to store one years worth of co2.
the 8.6 gt estimate depends very much on the presence of zeolites in the rock. the potential permeability and porosity needs to be confirmed, but i doubt they don't know how ****geneous the mineralogy is as that is defined over time while the system develops. until block find a partner willing to engage and start the process they will not know what is definitely in the subsurface.
having interested parties in the data room is all well and good, but they will be very much aware of these hurdles. i cannot see it hitting 30p in short order, but maybe over a prolonged period, once the mineralogy is defined and confirmed.