RE:RE:RE:RE:Rio Tinto demonstrates carbon free Al Might get in trouble for this but it's old so here's a snippet not thoe whole thing:
Spec Value Hunter Comment - October 11, 2012: Bloom offers Jervois $4 million for Nyngan which goes to trial on February 4, 2013
EMC Metals Corp will get its day in court much sooner than expected, namely February 4, 2013, with regard to the Nyngan property dispute with ASX-listed Jervois Mining Inc. After the "failed" mediation session on September 27, 2012 an Australian judge reviewed the trial schedules proposed by the two parties and opted for the earliest opportunity. Rather than having to wait until H2 of 2013, EMC shareholders could hear a decision as early as April 2013, though the losing party will have the ability to appeal the decision. However, there is also a new development which raises hopes that the Nyngan dispute may reach a settlement before the trial. On October 11, 2012 Jervois announced that it had received a conditional offer from solid-oxide-fuel-cell maker Bloom Energy to purchase 100% of Nyngan for $4 million. Bloom is a Silicon Valley based private company which markets the Bloom Box, a fuel cell that converts natural gas into electricity without combustion, a process that is not only more efficient than combustion, but also has a lower carbon dioxide output per unit electricity produced than conventional natural gas fired power plants. Solid oxide fuel cells are an old technology that defied commercialization because the high internal temperatures destroy the ceramic electrolyte core of the cell. Bloom's secret sauce is the use of scandium to prevent destruction of the electrolyte, which is why it has been scouring the planet for a reliable supply of scandium as it ramps up Bloom Box sales.
The news about the Bloom offer to purchase Nyngan is unusual for several reasons. First of all, the offer was apparently supposed to be confidential, so it is very strange that Jervois publicized the offer one day before its tenth of a penny rights offering expires (1,1,98,195,333 shares at $0.001 until October 12, 2012, with over-subscription privileges). Secondly, the $4 million offer is a stink bid likely well below the net present value implied by the yet-to-be-published feasibility study EMC delivered in February pursuant to the agreement that should have earned it a 50% direct stake in Nyngan; Jervois has declared the offer "totally inadequate". Thirdly, the offer comes with conditions that include Jervois getting rid of the lien EMC lodged against Nyngan which prevents Jervois from dealing the asset until the dispute is settled. Jervois, however, cannot get rid of the lien until it has won its lawsuit seeking a ruling that EMC earned zero interest in Nyngan, has defeated EMC's counter lawsuit seeking $100 million in damages, and survived any subsequent appeals EMC might pursue, something EMC would likely do if it loses the case because it has nothing to lose. Given that Jervois' ability to convey 100% of Nyngan to Bloom in exchange for $4 million could be postponed until late 2014 if all rulings go in its favor, why would Bloom waste its time on a stink bid now which Duncan Pursell could not hit even if he wished to do so?