Global Thermoelectric - SOFC Fuel cells (GLE:TSE) Message Board

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

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To: CH4 who wrote (2748)	7/22/1999 9:18:00 PM
From: Vitalsigns	Read Replies (3) of 6016

I am gone for one day and come back to read what I thought was an amazing news release. Yet the market jumped but wasn't sure what it meant. This was very Big news IMHO. - Fuel cell producing 800 watts using only 20 10 x 10 cm stack instead of the 50 they thought would be required to produce 1000 watt. That is a huge size difference. - Uses Natural gas , ""All fuel cells require hydrogen and oxygen to produce electricity," "Our integral reformer uses heat generated by the solid oxide fuel cells to produce hydrogen directly from natural gas, a commonly available fuel. This small, inexpensive and simple reformer will provide Global with a significant cost and reliability advantage versus other fuel cell systems that require a complicated external gas reforming and purification system" Not only is the size of the unit small but uses readily available Natural Gas . And from the sounds of this release we have a very inexpensive working unit . I am still shocked that the market didn't react more than it did. Expect some more PR on this an other news fairly soon. I expect that the next 5 weeks leading to the AGM meeting will be very interesting. The 42 volt vehicle electrical system is becoming a reality faster than I expected . At this rate we may see full production as early as 2002 Model Year. Margin on this stock is %75 so the people who own this stock right now are longs and after this release anybody who sells his shares has not done his DD . Has anybody decided where we will meet for beers in Calgary? I fly out on the 8th of Sept and it will be my first time there so i will let the locals organize it . Looking forward to meeting you guys. :o))))))))))))))))

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