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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: see clearly now who wrote (63)6/1/1998 3:24:00 PM
From: speculatingvalue   of 6016
 
Some answers:

1. They are planning a commercial prototype for next year. I think they have a lab sized prototype, which needs to be scaled up to a commercial model. I'd allow at least a year after that before you'll see it on the market. The stock price should reflect the technology long before that, though.

2. They sell the heaters to the US military and are pursuing other military contracts. The generators are being sold to the oil industry and locations in the third world (Asia).

3. The main advantage of the solid oxide fuel cells is they can use dirty fuels directly. The competing proton exchange membrane fuel cell needs pure hydrogen (which can be created from natural gas in a catalytic step).

The main disadvantage is that it burns at 800 degrees and requires materials that can withstand the heat.

The technology is proven. They just need to commercialize it.

4. I think the company is undervalued even just considering their existing technologies. They should get more attention when they get their TSE listing.
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