We know of no fundamental development nor rational explanation for the recent share price drop," said Robin Eves, President & CEO
The proposed investment by the Korean company would be sufficient to complete the pilot plant, transport it to AES, and complete the test program. Once funding is in place, it is estimated that the plant will be completed within 8 to 10 weeks; that it will take about 2 weeks to transport it to Shady Point; and that the test program to be conducted by Leidos will take a further 4 to 6 weeks. The site preparation work, including coal handling equipment and auxiliary burners are already in place at Shady Point.