NewStream Energy Technologies Group Inc (NSGP)

[JamesE_]

Some random thoughts about our status...

Let's just say, hypothetically, that CCTC is having trouble getting financing needed to complete assembly of their Pristine 2.0 test plant. That is a real possibility given the uncertainty caused from C19, rioting in the streets, and the upcoming election. That means we could be bouncing around a penny for a couple of months as the fate of the plant remains in limbo.

Post election, regardless of the winner, things should calm down and a vaccine is expected by the end of the year. Obviously, one candidate is better for CCTC than the other, but Aiden reminded me that much was accomplished with the support of the DOE (must've been moral) during the prior administration despite all of their anti-coal rhetoric. Point is, financing should loosen up as things return to normal in early 2021.

With ACPIC expected to be completed by spring, I am certain our plant will be as well, if not long before. The University of Wyoming's SER laboratory will be researching coal-to-products and rare-earth minerals using Pristine byproducts produced from the Rotary Kiln that they paid for. For good or ill, I believe ACPIC and CCTI are inexorably linked. However, Aiden did say their commercialization time table was not linked to ACPIC or the University's research, but they "have been working with the team there across a number of topics" and "that relationship might be made more formal in the future."

Mr. Neary said the DOE will visit their plant upon completion... which makes sense when you consider NETL is setting up shop at ACPIC to work with SER on a project utilizing "a pilot-scale production facility at the Advanced Carbon Products Innovation Center, now under development in Gillette, to demonstrate the economically viable production of rare earth elements from coal-related feedstocks." The $1.62M project includes $810k from DOE's Technology Commercialization Fund. Hmmm, interesting... Is it a coincidence that CCTC's "pilot-scale production facility" located beside ACPIC will produce REEs thanks to a University designed and paid-for rotary kiln? Might management be waiting for funds from that "Technology Commercialization Fund" to begin construction??

Forget about commercialization and foreign coal shipments for a minute.
What happens to our PPS when construction of both ACPIC and the test plant is completed and our relationship is "made more formal," the DOE becomes active involved, and the REE hype-machine gets started? No doubt CCTC will benefit from both direct and indirect press coverage. Up until now, CCTC has been flying under the radar... What would a mention of "dust-free coal" on network news be worth to us?

History has shown that investment in CCTC while expecting a quick return might not be the best plan...
but for those willing to place your bets and let it ride, I believe our patience will be rewarded. $$$