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Re: free spirit post# 19036

Sunday, 06/29/2008 12:30:15 PM

Sunday, June 29, 2008 12:30:15 PM

Post# of 30354
free spirit I also believe in looking for the silver lining as long as there is foundation for it. Initial silence shouldn’t necessarily be construed, as a negative however over time it understandably will be. People will begin guessing at what’s going on and the laundry list of past failures will continually be thrown around for lack of any better information. Without disclosing too much of their business strategy this company could provide some insight as to their current status on major projects. I fault them heavily for not doing this. New companies often have many failed attempts before getting it right but how they handle and communicate failure or success can make all the difference.

When you say "the time is right” I could not agree more as the CIBC World Markets report that came out a few days ago states gas prices will approach $7 a gallon by the summer of 2010, the same year oil prices will likely reach $200 per barrel. Governments are scrambling to find alternative fuels that are practical in the near term. When we start considering these prices, the government is going to be throwing money at companies to have CTL plants built CO2 or not IMO. Having a zero emissions CO2 process is all the better though. Considering all this and the local money that has already been pledged I would hope the KY grant money would not be that big of a hurdle unless there is something seriously wrong. I have been and will continue to be very patient, realistic and maybe even a little optimistic about all this but if they fail to receive the token KY grant money and do not give any viable path forward Ill be parking the dump truck next to DBs and others. I do believe there is strong potential here if they can just get it off the ground.

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