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Alkane Energy - Electricity from coal mine methane

August 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ALK
  • Price:
  • 30p
Alkane Energy (ALK;30p) is on a roll. Last month when writing about Agcert (AGC;238p), we mentioned that the methane produced by livestock waste management was one of the biggest contributors to global warming and climate change. As we are learning, another source of methane emissions is from coal mining activity (in the UK, emissions of this kind amount to 1.2 million tonnes of carbon dioxide). One company which sets out to solve this is Alkane. Alkane, which was established in 1994 and joined AIM back in 2002, has two main activities. The first is its own energy projects in the UK and in Germany where it captures the methane from abandoned coal mines and turns it into electricity. The second arm, Pro2, is a designer and supplier ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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