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Have you ever heard the expression, "They don't have a prayer?" That's the feeling I have here with CCTC. So, I'm going to fix that and give a prayer. Yes, I am serious. Father, your word in Psalm 1:1-3 says: Blessed is the man who walks not in the counsel of the ungodly, nor stands in the path of sinners, nor sits in the seat of the scornful; but his delight is in the law of the Lord, and in His law he meditates day and night. He shall be like a tree planted by the rivers of water that brings forth its fruit in its season, whose leaf also shall not wither; AND WHATEVER HE DOES SHALL PROSPER. I declare from this day forth that You, Lord, will do whatever it takes to prosper CCTC and all connected with it. Inspired ideas, favor, finances, good weather, contracts, good health for all, remove mountains and distractions and bring this project to completion quickly as only you can! Thank you for hearing me, and I know I have the petition I ask. In Jesus name, AMEN!
Not sure if I remember correctly, but didn't professor Dick originally state that CCTC would be 4 or 5 years in development? This was in 2017? I know the University has a different focus, like what they can extract from coal. In addition they don't really need the pilot plant yet because they are using computer models to do their research. My point is that CCTC needs the plant done, like yesterday, and the university doesn't. #conflict of interest. Also the university might not want the plant finished until their research is complete because of potential changes they may discover they need to make. Extra cost. CCTC won't own the patents on the extractions will they? Anyone have any thoughts on this? Hope I'm just thinking too much about it.
Are all of you having a party in Colorado or something? I think you must be on a Rocky Mt. High. Friday will come and go like every other Friday. Kids!
A friend sent this to me. I don't know the source for the information and I haven't verified it yet, but I thought it was worth passing on. The EU has 468 coal fired plants, building 27 more, Turkey has 56, building 93, South Africa has 79 building 24, India has 589 building 446, Philippines have 19 building 60, South Korea has 58 building 26, Japan has 90 building 45, China has 2363 building 1171, and this one I find hard to believe, USA has 289 building 0. Well, considering the fact that....... never mind.
Cartman, what I believe is that while it is true that CO2 molecules do react to energy from the sun in a way unique to just two things. That would be CO2 and H2O. As I said CO2 accounts for .03 of 1% of the atmosphere. H2O (depending on air temp) can range from Artic of 0% to Tropic 4%. Both influence climate, it's just that water vapor influences more because there is so much more of it. As for the science behind it. Motives again raise their ugly head. Scientists live off grant money which comes from the government. The U.N. passed a resolution to have a one world government by 2030. You can really kiss your freedoms good by then. Just like this Covid 19 scare, the government can do all kind of freedom killing things in the name of public safety. Same with Global Warming. That's right they don't call it that anymore, it's now "climate change". They used to tell us an ice age was coming way back when. First it was an ice age, then global warming, now climate change. Good science we can trust, right? Is CCTC using their playbook?
I just checked and CO2 makes up about .03% of 1% of our atmosphere. Nitrogen 78% and oxygen 21%. All other gasses combined equal 1% of which CO2's part is .03%. How do all the plants survive on such a small amount of CO2? Beats me. I'll have to look that up sometime. Point is that water vapor is the controlling factor for our weather not CO2. A historical note is that Nazis used a similar story to convince it's population to cut back on use of natural resources. Of course they needed fuel for their war machine. Today the motive is just collect more tax money. I think I remember that CO2 can be used to help extract oil. One other point. When Mt. St. Helen erupted it put more junk into the atmosphere than man had since the beginning of the industrial revolution. As I remember the next summer was cool, but we are still here. We need to be good stewards of this earth, but I don't trust man's motives. Just sayin
Cartman, with all the fumbling and bumbling that has taken place over the last 10 years, do you think the current leadership team has what it takes to focus and lead this company successfully into the future. (Assuming there is a future) Their history has been one of jumping from one deal to another without much consideration of outcomes. They also don't seem to have any understanding of how long a job takes. As evidence of this I remind everyone of Ventrillion. The conditions for financing was a reverse split within 6 months, (we did that) and completion of the pilot plant in 12 months. (we are still working on that one) This was in 2012. Build a pilot plant in one year. Right. Somewhere I heard that Ventrillion ran into money issues and backed out of the deal. With all the logistics involved in running a company, subbing out all the manufacturing and construction, the opportunity for sub par performance seems inevitable. Yes, no?
Here is my issue. Since I understand that the final commercial unit isn't physically 10x bigger than the pilot plant, but 10 modules each the size of the pilot plant, what is the deal with a commercial design? You already have one, duh! Just modify it as needed. In 2018 we were told they were ready to commercialize, what, with no plans? The tumbler was changed to a horizontal posture and some piping was straightened out and now the 2018 design is obsolete and can't be modified? The original design, way back when, started as a horizontal unit and the engineers at SAIC thought vertical would be the way to go. Let's put the %$#@ thing on a 45 degree angle and shoot coal at the moon. Come on Robin, get something done!
4 months to reassemble, 4 months to reassemble, 4 MONTHS TO REASSEMBLE!! Plus, BEGIN DESIGN PROCESS of the commercial unit 2nd quarter of 2021! Hope to sell first units locally! Sorry Jindul, you're screwed! The only thing these guys know for sure is how long it takes to make a cup of tea. Nothing they say ever comes close to happening, and never even close to when it is supposed to happen. Next year at this time, who cares about CCTC? The plant might not be reassembled yet. I bet the computer they will use for the design runs on Windows 98. Can you tell I'm not happy? I need to stay off this HUB.
Two years ago I went to the shareholder meeting. The ideas you are putting forth were pretty much the impression I left with about the future of the plant. After commercialization CCTC doesn't need the plant. After the first customer ships coal and proves the process and buys one, each additional customer can buy a unit and have their coal tested on their site. No need to ship coal half way around the world to test it. If the plant proves it can be custom set up for company A requirements it can be custom set up for company B. And, I think I remember something about a process they developed to analyze different coals, but that was a long time ago, and nothing has been said about it since. It makes sense to let the plant there for whoever needs to use it.
Human nature being what it is, it is understandable how everyone feels. I'm tired of all the goal post moving too. I read your posts and feel the same pain. However, posts here from people I don't know and don't expect to ever meet can't shape my opinion when I have a better source. Ecc. 11:4 NIV "Farmers who wait for perfect weather never plant. If they watch every cloud they never harvest." CCTC doesn't look very pretty now, but if good news came out tomorrow and the pps hit $5.00 the mood here would change on a dime. I can't live life crashing from high to low based on what happens to a stock. That's me, not saying what you should do. just sayin.
This is a lot of reading, just sayin.https://civilianintelligencenetwork.ca/2020/01/27/bill-gates-the-coronavirus-conspiracy/
With all this highly qualified leadership team in place I do have one question. Now this could all be on me as I am not highly qualified to do much of anything. On my calendar April 30 is on a Thursday, not Tuesday. Could be I am miss reading something, I've done that before. I need to ask time off from work to attend and clarification on the date would make things easier. Just sayin
that will make two of us. that's 33% of last years crowd! 22% if you count Robin, Aiden and the guy at the door.
You're probably right. Going last year didn't prove out to be an advantage. I like to go the night before and enjoy the local culture. I don't get out much. Work don't you know. The meeting is a good excuse, plus it's a business expense. And there you have the rest of the story.
It's my 10th anniversary with CCTC. The trip has been long and trying at times. I would have been happier, I think if the path to commercialization had been straight and clear and executed with no hiccups. S@#$ happens. I think a lot of issues came up that no one could have seen coming. I know I could not have navigated CCTC through the challenges Robin and Aiden have, and I would have given up long ago. If I didn't believe in the sincerity and dedication of these two men I wouldn't waste my time here. Of course making money has something to do with my being here too. Anyway, it's been said that it's hard to make predictions, especially about the future. Hope to make the share holder meeting. Wonder if there will be more people there this year?
Last April at the meeting we were told that on Saturday two days before the meeting they were contacted by the DOD concerning REMs. Washington is watching, even on Saturday. Who knew? Will this eventually mean anything, who knows? We were also told that they knew they could extract REMs they just didn't know how well. So many developments come on the scene and then go away and we never hear any more about them. Will REMs be one of those? What other distractions could possibly be on the horizon? I hope no one realizes that the excess heat generated by the process could be used to melt ice and snow. We'll end up seeing a Gen III unit being sold at ACE Hardware beside the bags of Ice Melt! Get the thing done already so I can get on with my life!
Now, I did not see an actual piece of processed coal. At the meeting Aiden said that you could rub a piece of processed coal in your hand and your hand wouldn't get black. Just sayin.
Just spent some time looking at Gov. Grants, and I don't know. It does kind of look like they aim more at awarding money to develop ideas than awarding money to finish off a project. Just sayin.
I know the grant thing sounds lame. I'm just passing on what we were told. I can't always tell if it's hype or not, so I'll let that up to others to decide. I'm not talking from a personal bias. I just try to repeat what we were told. You decide for yourself.
Cartman you'll love this. The reason for no grant money is because the project was too far along when they applied. In other words if a project isn't in the planning stage it doesn't qualify for grant monies. Maybe someone out there has experience with grants and can shed some light on this. I would like to know if it's true or not.
Hey Cartman I just checked and saw your question. We were told how the University contacted CCTC at the shareholders meeting. The University developed a process so similar to the CCTC process that they could not patent it, but they wanted to work and develop it further. As a result CCTC has had access to retired engineers from the coal industry who hang out at the University to keep in touch with, and find solutions for the challenges coal faces. At no charge. It was these engineers who advised the change to a horizontal tumbler. The change caused delays, but the benefits are worth it. I know you don't believe what management says, but there it is for what it's worth. CCTC's believe it or not.
With all the development, time and money the university and others have invested in CCTC technology, I wonder if the plant will be left on site for the university and others to use to process coal for their research. Why wouldn't they do that? After local and foreign coal is tested and contracts signed CCTC won't need the contraption. I wonder if the university will end up owning it? The university did design it's own process for treating coal, but when they applied for a patent they were turned down because CCTC already held the patent on the process. The university contacted CCTC and that's how they partnered up. Just sayin.
This article is encouraging. The long term plans for Pilot Plant #2 seem to becoming a reality. Thanks for sharing White Coal.
The horizontal rotary kiln is supposed to do a better job at filling the voids in the coal with volatile matter. The vertical unit left voids in the coal. The retired engineers at the University advised they make the change. They didn't change for the purpose of extracting REMs. Other changes made the process faster so one module can process more coal per hour. In April we were told the changes in the design were the reason for the delay. We were also told that REMs could be extracted, but the process wasn't fully developed. They didn't know how efficient the final extraction process would be. That's all.
I did not realize that there are pictures of unit 2 on the CCTC homepage. Some of it being delivered and some of the units being put in place. Nice to see equipment on that slab. If weather doesn't become a problem, might assembly be complete before Thanksgiving?
I got into this company before Robin did. I read and consider what everyone has to share. Many good points for and against. Last April we were told that CCTC was ready to go commercial late in 2018. They were advised not to. Instead to redesign using a horizontal tumbler, not a vertical one. There were other changes made to the equipment to improve it. The redesigned equipment should process more coal per hour with reduced maintenance and produce a better end product. In April they were waiting for the final pieces Carrier was making for them to reassemble the unit. At that time it looked to me like coal testing in September might be a possibility. Reassembly started Oct. 9? Given the history of missed timelines around here I think they are getting better, at least a little bit better. In April we were also told that ree/rem extraction was something they knew they could do, just not sure how well. Ree/rem extraction process was undeveloped at that time. They had conversations with the DOD so
would you think developing that process would be given a priority? I am not expressing my opinion here, just what I remember hearing as best I can.
No interest from Wall Street: One contributing fact could be that CCTC is a penny stock, and as such a pure speculation play. CCTC needs to up list and to do that needs a pps of at least $5.00. Did you hear that the DOD (Department of Defense) has been in contact with CCTC about REM possibilities. In April CCTC knew REMs could be extracted but the process wasn't fine tuned. I suspect fine tuning has been part of the reason for delays. Universities don't necessarily work at the speed of industry.
That seems logical. Not sure logical is a good choice of words. Progress by any other name is still progress.
Just a couple of thoughts: At the meeting they thought reassembly would take 4-6 weeks once they started. And we were told they wouldn't wait for reassembly to be done to tell clients to ship their coal. How long would it take to ship coal from India anyway? Has that call been made? We are all living a real life reality program! This is better than TV!
At the shareholder meeting they said next year would be when they would be looking at up listing. No specific exchange was named. Each exchange has requirements to list. Things like price per share must be greater than $5.00 for x number of months for example You can look up the requirements on line. At the meeting I got the impression they expected to be testing coal by now. In April they were waiting for parts from Carrier to begin assembly. Obviously something is holding up the process.
James, thanks for the read. Could be good. Maybe not. Are they having delays with horizontal conversion or are they now focused on REE extraction? More design changes? Something is up because they both were confident about reassembly this summer at the meeting. Serious talks about REE extraction were in the early stages in April. Just wondering. Thanks again.
James, Cloud Peaks, is that the coal mine that was mentioned that has the shipping and port permits until 2023?
Thanks Cartman, that is simple enough. It' like hanging an "Open for Business" sign. I don't see how they could have done that last year without testing coal first. Testing would need a plant up and running. Damn those torpedoes!
Well, I did say maybe not this year. We were told that they were going to move to commercialization in 2018 until the engineers suggested they wait until improvements in the design could be implemented. I know it's a stretch to think the finish line could be in sight even if you need the Hubble telescope to see it. I would like to know what's the delay now. Things should be happening at the pad now. Yes, I know the problems with timelines. Still, it could happen. Never give up, never surrender. Question: What does a company do when they "commercialize" their product? I don't have a clue about the process.
Let's not be distracted by what ifs and hear say. Can we still see delays, you bet. There's a good chance we might see coal testing and commercialization this year. Contracts and up listing next year. Then again maybe later than that. David Farragut summed things up perfectly in his famous quote. Just say'n.
Carrier was chosen to construct the new parts because of the quality of work they do. At the University there are some retired engineers from the coal industry who like to volunteer and work on coal projects. They suggested a horizontal tumbler instead of vertical. Why? When volatiles are removed voids are left in the coal. The tumbler fills the voids the vertical process does not. My guess is that the engineers have worked with Carrier and trust their quality. Nothing is happening as soon as we would like, and this is just "stuff" we were told, so believe as your own risk. There are a couple of people here who have some pretty good info. You know who you are.
Cartman, the quote shared was information that was shared at the meeting. I know that doesn't mean much in real time. As far as the time line that was shared then, they are still somewhat on schedule. The Carrier Company makes the new parts for the plant. Who knows what delays Carrier caused? As far as the redesign goes, it should process coal better with the tumbler, faster, cost less to build, extract REMS plus other products. They know they can extract REMS , but they don't know if there will a be high enough concentration to be worth it. I don't understand this, but the number they need to hit was 30. I don't know what that means.
James if you see this, I forgot part of your question. It could be a very interesting summer.