QTWW $600 a share down to $6 is not a good trend. The name seems dodgy too: <Quantum Fuel Systems Technologies Worldwide Inc.> I have never heard of them. I shall now become a 5 minute expert.
Four minutes later, herewith my expert opinion. QFSTW will be a bust. Well, it has already bust compared with $600 a share so that's not much of a prediction.
CNG tanks is apparently their business, presumably along with pipes, valves and stuff.
CNG for trucks is a bad idea. Trucks work well on diesel, which provides lots of energy per litre.
Methane is better used to upgrade tar and aromatic, olefinic goop by hydrogenation to diesel or gasoline.
Rather than invest in trucks and cars to use methane directly, it would be better to put that money into huge factories which can sit on the end of methane pipelines turning tar from a Keystone pipeline or an Orinoco shipment into diesel or jet fuel.
Sell Quantum whatsit.
Before I run out of editing time, burning the tars and methane in a power station to generate electricity for battery powered Halo cars [by Qualcomm] would be better still. Power stations are very efficient compared with diesel vehicles because thermodynamics favours very large stationary energy conversion, where heat exchangers can be enormous, waste heat can be used more easily, thermodynamic efficiencies are greater and it's easier to maintain a dirty great "engine" in a power station, than millions of little ones. A big one is cheaper too. The Halo cars should have swappable batteries - 7 second swaps. That way, when needing a recharge, the usual waiting time can be avoided completely. The Tesla superchargers are not going to work because even if the recharge is fast, people won't want to wait for their turn at the charger, maybe in a line of 5 cars.
Mqurice |
