Tuesday, October 25, 2016 11:08:30 AM
Yes, it been very very quiet here for some time, but during that quiet time Mantra's collaborator Alstom, was brought out by GE.
Hence putting a stall on any projects that Alstom and Mantra were working on.
The agreement now falls to GE, whom for the past year has been restructuring the assets (people and projects) they purchased from Alstom. It would be my opinion that projects already in operation would receive GE top priority while projects in the development stage would take a back seat stage until reorganization is complete.
While news that has been released during this period has not moved the stock price, there has been significant news.
- A working MRFC, followed by news of improvement of output to this technology.
- A new possible use for the ERC technology, desalination.
- New chemicals created from CO2 other than formic acid from the ERC process.
- A stable catalysis for the ERC that is industry ready for the formation of formic acid from CO2 waste.
- Strides in energy storage technology.
- Additional patents grnted
- A new collaborate, GE
- Collaboration with major universities. (UNM, BCU)
- The Paris Carbon reduction summit
All of this news after your 28 cents average buy in. Mantra is behind where we thought it would be at this time, but so is the world as we see CO2 reduction goals being pushed back by decades or believed to be unattainable if at all.
To answer your question, YES!
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