RE: CBAM3 Oct 2025 10:34
Just for you Mr Prax seeing as you may have missed the RNS from 26th August!
"It is expected that it will take 4-6 months to determine if the CO2 has successfully mineralised in the reservoir and therefore proceed to the next steps in the project.
Assuming that mineralisation is proven from the pilot, then this will provide a credible and tangible pathway to commercialisation opportunities through third-party verification and a solution to carbon emissions reduction within Georgia and potentially the wider region.
Commercial efforts are currently focused on direct air capture technologies as well as engagement with industrial emitters seeking carbon reduction solutions, including in response to the EU's upcoming Carbon Border Adjustment Mechanism. Georgia and the EU have a zero-tariff free-trade agreement in place, offering additional opportunities to this route.
Work is ongoing on commercialisation options, including discussions with Indorama Corporation, as well as work on field scale development scenarios".
So with a bit of luck and a fair wind, Christmas time is looking like my guess 😉