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pythagoras7

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  1. Hi All fellow Eden holders and others, I think this is a pretty good deal. They are only raising under $3M to bring a production plant into play to produce up to 100 tons. It is my understanding that this amount covers it. Compare this to Bayer spending 22m euros (around A$30m) to produce 200 tons annually of nanotubes. Personally I'm impressed. http://www.plasticstoday.com/articles/carb...st-producer-now
  2. In reply to: Livas1 on Wednesday 24/09/08 12:00pm Nice to see some good news NASA contract awarded to Eden Crogenics - US$13M Notice Type: Award Notice Contract Award Date: September 30, 2008 Contract Award Number: NNS08AA65C Contract Award Dollar Amount: 12,999,395.00 Contract Line Item Number: 001 Contractor Awardee: Eden Cryogenics, LLC, 8445 Rausch Drive, Plain City, OH, 43064 Synopsis: Added: Sep 30, 2008 4:51 pm No Description Provided Additional Info: Stennis Space Center Procurement Synopses of Contract Awards Page Contracting Office Address: NASA Office of Procurement, Code DA30, Stennis Space Center, MS 39529-6000 https://www.fbo.gov/index?s=opportunity&mod...b=core&_cview=0
  3. In reply to: RADIO on Thursday 24/05/07 10:30am Boardroom radio interview with Greg Solomon today - he's off to China next week.
  4. In reply to: melanie on Wednesday 20/12/06 10:10am Eden Energey just put out an announcement yesterday concerning development of the Indian Hythane project - details below. Briefly, India is a producer of Natural Gas. It produces just over 1 trillion cubic feet per year, all of which it consumes. The cost to the consumer is about half the cost of diesel, and much much less than petrol. Hythane reduces emissions of NOx (Nitrous oxides) by around 50% compared with standard Natural gas. It consists of a mixture of Natural gas and hydrogen(5 to 10%). The hydrogen increases combustability and reduces emissions. Also, by adding hydrogen to diesel, costs for businesses which use generators for electricity to alleviate the use of outside electricity which is unreliable, are reduced dramatically, as are the bad emissions. The supreme court in India has mandated the use of Natural gas for transport in 22 capital cities, to reduce pollution. Carbon credits for NOx reductions from CNG and diesel are substantial and are a key driver in the move to Hythane across India. It's all about money. NOx has a GWP rating of around 300 compared to the Global Warming Potential of Carbon Dioxide as the base of 1. India is now #10 producer of Natural gas in the world. Most of the gas comes from north west of Mumbai and from Gujarat state. It makes sense for them to expand it's use as cost and emissions are much lower than their counterparts. Developing countries get paid by developed countries for reducing greenhouse gases, according to the Kyoto Protocol of 2005. They accrue carbon credits, and when the gases are as bad for the environment as NOx is, they receive amounts dependent on the GWP rating. They are planning to put all the public buses on Hythane (worldwide patents owned by Hythane Company - 100% owned by Eden Energy - ASX - EDE), starting may 07, and expanding use of Hythane five fold from the current use of Natural gas over the next five years. Overall fuel cost for CNG for transport on public buses in India currently for a year - multi Billions of dollars. Ashok Leyland, who Eden has done a deal with (Dec 18 announcement) produces 80% of these buses. Even if Eden only get a low percent cut of less than half a percent of the fuel price, the amounts Eden are set to make are huge as recurring income. Not to mention conversions of engines. The market is enormous. And only 120 million shares. Current Market Cap A$50M. Jan22 announcement: EDEN ENERGY LTD ACN 109 200 900 Level 40, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Website: www.edenenergy.com.au AUSTRALIAN STOCK EXCHANGE ANNOUNCEMENT 22 JANUARY 2007 HYTHANE - INDIA The Company is continuing to make good progress in its marketing of Hythane® in India and is well placed to be a major participant in what is seen as a huge and potentially rapid roll out of anticipated Hythane® in various sectors of the Indian market. During the past two weeks the following have occurred:- 1. Negotiations with a major engineering group in India were significantly progressed with a view to establishing a joint venture company in India for the marketing and roll out of Hythane®. It is hoped that these negotiations will be concluded during the next 4-6 weeks. 2. Further encouraging progress was made in the Company’s negotiations with another major Indian bus manufacturer and with a major Indian generator manufacturer in relation to developing Hythane® gensets for the huge Indian generator market. It is hoped that both of these negotiations will progress to agreements during the next 1-3 months. 3. The Gas Authority of India, a government body which owns and operates most of the gas pipelines in India and is a major gas supplier in India, has offered to partner with Hythane Company (the wholly owned subsidiary of Eden Energy) in the Indian Hythane® bus demonstration projects for the Ashok Leyland engine, planned for May / June 2007, following which they are ready to commence an immediate roll out of Hythane® in selected areas where both hydrogen and Natural Gas are available. 4. Frank Lynch, the co-inventor of Hythane®, and an exclusive consultant to the Hythane Company on Hythane®, delivered a key note address to the SIAT 2007 Conference in Pune on 19 January 2007, which was attended by over 1,000 delegates. This conference was arranged and run by the Automotive Research Association of India (“ARAIâ€ÂÂÂÂÂ) in association with SAE India and NATRIP. The key note address focused on the benefits of Hythane®, and its physical properties and characteristics. 5. At the SIAT 2007 Conference, a leading consultant to the Indian government announced that it is proposed to develop an urban rapid transit system in India using buses, to build dedicated bus lanes in approximately 50 cities, and to power the buses with alternate fuels. Natural Gas and Hythane® are likely to be the major fuels used for these buses. 6. ARAI, which, along with the associated Indian government organisation NATRIP, have recently received major Indian government funding to expand automotive research and development in India, also gave a paper at the SIAT 2007 Conference on Hythane® in India. The associate director of ARAI, who delivered the paper, said that whilst India proposes to ultimately move to pure hydrogen as a vehicle fuel, Hythane® is the transitional fuel which will be used and developed in the meantime. ARAI further indicated a desire to work with Hythane Company (Eden’s wholly owned subsidiary) to develop and test Hythane® engines for the Indian market where appropriate. 7. Indian Oil Corporation, which is also charged with responsibility for the development of Hythane® in India, has requested that Hythane Company conduct a workshop on Hythane® in early March at their research and development facility near Delhi, at which all relevant government and industry parties will be invited. This workshop will focus on the standards, codes and regulations for Hythane® that should be applied for India. The overall level of interest and activity in India is extremely encouraging and bodes very well for the future of Hythane® in the huge Indian market. Gregory H. Solomon Chairman 22 January 2007
  5. pythagoras7

    DMX

    Extract from 10BaggerQuarterly - Dec issue - note the bullish PLASCON section - DOLOMATRIX ASX Code: DMX It is not often we find a fast growing “toll road†trading at a deep discount to true value. But Dolomatrix, a toxic waste treatment company, offers just such an opportunity. Hazardous waste treatment is arguably more of a “toll road†than an actual “toll roadâ€ÂÂÂÂÂ. Producers of toxic waste are required by law to have it treated, yet few people will consent to a new toxic waste dump opening in their neighbourhood. Hazardous waste treatment is also a dangerous business, and obtaining a government license is a long and costly process. The significant obstacles in establishing new toxic waste treatment facilities mean that incumbent operators effectively enjoy a legislated monopoly, enabling them to earn incredible profit margins. Dolomatrix has long been a very ugly duckling. The company listed in 2001 to commercialise its “Dolocrete†hazardous waste treatment process, which turns hazardous waste into safe solids at low cost, but long delays saw the share price decline 97% to 15c by early 2006. However, the company’s fortunes have been transformed by the recent acquisitions of hazardous waste treatment firms BCDT Group and Chemsal Resource Recovery. Highly regarded Chemsal currently operates two fully licensed hazardous waste treatment and storage facilities in Melbourne (Laverton) and Sydney (Weatherill Park), taking a “full service†approach in handling everything from decontamination, specialist waste transport and treatment to resource recovery. Dolomatrix’s other major acquisition, the BCDT Group, operates licensed facilities in Queensland and Victoria for the destruction of toxic wastes contaminated with pesticides including PCBs, HCBs, and DDT. Collectively referred to as Persistent Organic Pollutants (POPs), these biohazards have a prolonged life cycle in the environment, and can only be processed by specially licensed facilities. BCDT and Chemsal operate the only Australian facilities licensed to destroy POPs. In addition, BCDT’s Victorian plant holds the only Australian license to destroy potent greenhouse gas trifluoromethane and organic chemicals such as PCBs, halons (once used in fire extinguishers) and CFCs (banned refrigerants). BCDT employs its proprietary “Plascon†technology to convert these hazardous gases and liquids into harmless solids. There are now ten Plascon units around the world. A Plascon plant is a solid little earner because under the Kyoto Protocol developed countries pay carbon credits for projects that reduce greenhouse gas emissions – such as destroying trifluoromethane, which has a global warming potential 11,700 times that of CO2. At the going rate of over $20 per tonne of CO2, the rate per tonne of trifluoromethane is over $200,000, which exceeds the cost of destruction more than twenty fold. Add that to the fact that Plascon destroys around a tonne per day, and the economics for customers are compelling. BCDT used to sell Plascon plants for a one-off fee of $1.3m, but secured recurring revenues in a recent sale to Venezuela. “Advanced discussions†are progressing for similar deals. Dolomatrix’s original Dolocrete technology is also showing promise. Management is “confident†of selling an exclusive South African license for Dolocrete for US$15m, with regulatory approvals already underway. Heads of Agreement have been signed for Saudia Arabia, Thailand and Malaysia. Dolomatrix management is forecasting “strong organic revenue growth across each business unit†in FY2007, with Chemsal building two new waste treatment plants and BCDT expanding its Victorian facility. In addition, BCDT has won new contracts and has secured increased treatment prices. We forecast Dolomatrix will earn a profit after tax of $7.5m for FY2007, rising to $11.5m in FY2008, from organic growth as well as the realization of synergies from integrating Chemsal, BCDT and Dolocrete. With a current market capitalization of $96.0m, DMX shares are trading at a FY2008 forward P/E of 8.3. Given the low risk monopoly characteristics of toxic waste treatment and strong growth potential from technology licensing, we expect the shares to be re-rated to $1.80-$2.50 over the next 18-24 months. BUY. March 2006 December 2006 Dolomatrix Issue 064 www.tenbaggerquarterly.com December 14th, 2006 11 http://www.sharescene.com/html/emoticons/graduated.gif
  6. Interesting that both the Nip horses in the Cup were grandsons of the spectacular Japanese sire Sunday Silence (son of Halo) who died young after absolutely his offspring dominated race winnings in a way never done before for around five seasons. 900 progeny. 550 winners, 10 champions, 1 in 12 of them a stakeswinner. Delta Blues by Dance in the Dark, son of Sunday Silence, and Pop Rock's dam by Sunday Silence.
  7. pythagoras7

    DMX

    In reply to: slam on Thursday 09/11/06 12:24pm Still holding. I think there's a long way to go yet based on the quarterly figures. 2.2M cash flow last quarter on revenue of 4.7M, cash 6M. With margins high in the waste industry, and Chemsal figures for around 2 months to be included for this quarter, expect cash flow to go up substantially again this quarter. 2007 fin year cash flow estimate around 14-15M. 115M shares. Pretty good figures for a current Market Cap of around 80M at current prices. Compare with TOX in an aligned market with an EBITDA of 5M for 2006 based on a Market Cap of 98M.
  8. pythagoras7

    DMX

    Watch this one. The new company they have merged with in a sort of reverse takeover are very profitable and their products integrate well with dolomatrix products. Many new deals are expected to come out of this. Code DMXDA until restructure is complete. Old code DMX.
  9. Hi All S&P'ers, XAO'ers, Just a note on McLaren, I have been following him for the past six months, just using the weeklies which come out on Monday afternoon (does he live here ?). He is very detailed and often picks the exact day of the trend move. His comments give great insight into the indices and other commodities. Not wrong very often. Refer in particular to his Jan 9 s&p forecast for 2006(repeated jan 30 I think). Called Feb10 low. feb25 high. Faith in his experience is the secret. 40 years counts for something. Wish I could visit the gold coast this weekend. bt
  10. Flag has broken out. Target 9.5 (7.5 - 4.2) + 6.2
  11. I haven't used a chart on here before. Let's try this one.
  12. RED shows a huge symmetric triangle which started in June 2003. Broke out early Jan, and came back today to touch the apex to prove the support. It has been trading in this triangle for over two and a half years, and now at last looks ready to move. Cashed up, well backed - First Metro , biggest investment bank in the Phillipines, Rothschild, Anglo Ashanti, 1.5M Siana open pit deposit. RED.htm
  13. As highlighted in my previous post on the Aussie, the longs have once again (Dec 27) taken control and the the US$ may have started its charge below. Things may have changed fundamentally on the currency markets. http://www.cot-futures.com/cot/visitors/ausdoldg.htm
  14. Noticed from Commitment of Traders report that longs exceed shorts commercially on Nov 22 for the first time since June 04. The relationship got close Sep 04 but since then the short commercials have held sway. The commercials trade differently to the speculators. Because of the large positions they need to fill, they open their shorts as the market is moving up and vice versa with the longs when it is going down. So I am taking this as a fundamental shift in the direction of the Australian dollar.
  15. Gold bounced off the monthly 38.2 retrace level of 390 recently. This is the support at this point in time. An interesting look at commodities is given on: http://www.foxfutures.com/longterm042004/TOC.html Kevin Riordan gives free seminars which are very good - recommended. He is very helpful and trades commodities using a variant on the Gartley 222 trades for those interested.
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