Wednesday, August 11, 2010 9:22:17 AM
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CCTI to receive incremental license fees and royalties based on production. TTCT will be responsible for obtaining all necessary licenses, permits, coal reserves, and all construction-related costs Said here http://www.cleancoaltechnologiesinc.com/index.php?option=content&task=view&id=37
Company will be well positioned to continue to capitalize on the enormous potential of the Chinese market, while avoiding significant capital commitments.
Provincial Government asked to immediately commence with the final engineering design and construction planning to.
Did not see them asking for funding?
The project will represent one of the largest clean coal projects in China. Estimated value to the company of some 10.5 billion dollars.
Even if they do need some funding should be easy with this estimated value and now that they have completed the land acquisition and infrastructure development phases. Said here http://www.marketwire.com/press-release/Clean-Coal-Technologies-Receives-Update-on-Inner-Mongolia-Project-1288272.htm
Next phase break ground!***
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