"White Energy Company Limited (WEC, formerly Amerod Resources Limited) aims to create a diversified resource group with unique mining technology capabilities. WECs existing asset base includes Coal Technology Assets and Mineral Exploration Assets."
Have only just heard about this small cap, Nutshell on another thread had mentioned them too, appears they have a worldwide patent for coal processing technology which could reduce emissions & improve efficiency during the energy production cycle. Appears they received a government grant a few weeks back to fast-track productions of a demonstration facility, they also have an understanding with BHP too, so some big players are starting to take notice.
Unsure about the financial situation, as I read it they may be some way off of profitability. Has anyone been following this one or have any further sources of information?