Sunday, January 01, 2017 2:45:40 AM
Looking forward what I believe will be a much more exciting year for Mantra than the last two.
Why? IMHO
The GE/Alstom merger is now long behind us, downsizing and reshuffling of Alstom Switzerland personal should be just about winding up. GE should now have the personnel in place to start looking at the smaller projects it has acquired from Alstom and evaluating which one's to move forward on and which one's to discontinue.
The Technology Commercialization and Innovation Centre in Vancouver, British Columbia should be completed early in the first quarter of 2017, which should benefit Mantra greatly and may actually lead to an online pilot plant.
The Canadian government is looking to fund carbon reduction solutions other than sequestrating, solutions such as Mantra's which can offer a much higher return for an investment.
Hopefully Mantra will get part of the Clean Energy Innovation Program which will divide $25 million over five areas, including carbon capture, use and storage.
The world is now on the clock to meet the objectives set at the Paris Climate Conference last November and one of the main options sequestrating is losing interest by both the private and the public sector do to a lack of return for investment in that technology. Mantra's technology can fill that void and IMO will start to be looked at more closely in 2017 as the clock keeps ticking down to the self imposed Carbon reduction deadlines.
Good luck to all in 2017.
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