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Wednesday, October 14, 2015 1:57:46 PM
Why hasn't mantra managed to get their super-profitable ERC pilot running yet then? If it's such a no-brainer, why haven't all the funds been ponied-up and why aren't we seeing ERC plants at dozens of locations already?
Mantra's share price is a train-wreck, and implies that shareholders (of which I am no longer) are now doubting that an ERC will ever be built and turn into the cash cow it's so revered (on this board) to be!
Sure, a cement plant emits far higher concentrations of CO2 than the 400ppm found in air, but that doesn't mean it's substantially less costly to absorb it and create a usable product from it. All the Alberta-based company has to do it pump 200x more air through their system than the cement plan billows out, but that's not hard to do with a simple wall of low-cost fans.
This company figures they can capture carbon from air at a cost of $100/ton. The questions are simple: what's Mantra's number, and what's their by-product worth when sold?
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