InvestorsHub Logo
Followers 101
Posts 13581
Boards Moderated 1
Alias Born 01/23/2004

Re: None

Sunday, 01/08/2017 8:55:41 PM

Sunday, January 08, 2017 8:55:41 PM

Post# of 85927
Amazing, how similar events timelines are. Remember in 2016 Larry moved to a closet to save money and we all wondered why.

Maybe this explains it.

http://lowcarbonlinks.com/cmc-in-good-position-to-face-future-says-president/

At CMC last year, we were concerned it was going to take a significant period of time for those high level government policy declarations to make it into funding programs to support real activity. We looked at our remaining budget and our burn rates at the time and estimated it would be Christmas 2016 before there were substantial amounts of funding flowing associated with those programs. So we downsized in December 2015 in order to cut our burn rate. It was painful, it was really painful for everybody, but we are now seeing significant funding calls coming out from the federal government and we are responding to those calls with proposals and we are going to be in good shape on some of those project proposals to generate revenue from major projects.



Is Mantra technology one of them?

In the mean time, the Technology Commercialization and Innovation Centre is under construction now and will be ready for operation come January. And at the same time we are in the process of developing specific projects that can enter the cue there.



The articles I posted earlier from 2016 seem to indicate it is.


2017 CCCI role to advance the tech.

http://chem.buct.edu.cn/xzbg/76918.htm

The CCCI works with researchers and technology developers from government, academia and industry to accelerate innovation from the lab bench to commercial scale use.



As the world’s industrial economies move toward decarbonization, there is an escalating need to push next generation carbon capture and conversion research from early stage to full-scale implementation, rapidly proving promising technologies and discovering and developing new technical pathways. This requires support to move batch/bench technologies from research lab facilities in Canada and internationally to industry-compatible continuous processes and accelerate the pace of scale-up. Vancouver and BC are home to an emerging research field in carbon capture and conversion. The talk will highlight the ecosystem of opportunities that are transpiring around the Carbon Capture and Conversion Institute, with the establishment of the Technology Commercialization and Innovation Centre.