Yeah even if the mine has been shut down, it still has to meet certain environmental guidelines for reduced residual gas emissions.
I bought in early last week just by luck as I had only recently found the stock. But did some DD and liked the technology, and the management team. They have also hooked up with some quality third party companies.
Again big question is how does the whole thing get financed!?!?! If they have to start selling shares and diluting the whole thing - then that is obviously not good. But I get the impression they are able to negotiate some good up front terms with the end users. This is not uncommon especially with EU energy / waste companies. The EU environmental regs are so onerous it is worth upfront investment to avoid potential fines.
Not only coal mines but every other fuel extraction source and manufacturing process where the emission of unwanted gases occurs. Their gradual oxidizer is the next best thing to the invention of the wheel as far as I see it. Combine that with their power plants, the money they will save other companies is worthy of the purchase.
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