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Can anyone please help???

LNC poised to make millions...
LNC has small coal reserves..?
Large caps ( BHP, MCC, CNA) etc have massive reserves....
Gasification technology is 40 years old, so why haven't large caps tried the technology???
Why hasn't the U.S. which has massive reserves of coal and is big importer of oil, tried the technology, which can be purchased from Canada or Russia???

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  1. grace's Avatar
    Not so sure that they have small coal reserves. 400 million tonne and rising at Chinchilla. Other deposits not yet drilled. Coking coal deposit not yet drilled. Taking over SXP Sapex with Billions of tonnes already.

    Price of oil I think has a lot to do with why now. When oil was $10 barrel, not viable.


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