In the last 10 years they have have inguneered this and...

In the last 10 years they have have inguneered this and inguneered that but none of this inguneerin has turned even a miniscule fraction of profit from the 10s of $millions spent out of billions of share issue capital raisings for yet new (you guessed it) bildun this and bildun that. In short most of the capital has all been p!ssed away.

FWIIW there has been no evidence of any business cases that presented any credible ROI on any undertaking by the company apart from lots of spinney flash-harry presentations to invoke some remote "hope" of shareholder returns to those way into the red. The company has behaved like a pod of old world academics dreaming of new discoveries and leading revolutions without any due care of expediting profit generation whilst investor (and some government) cash kept flowing in the door.

Yes - "mr market hates to be disappointed", furthermore the environmental "clean" coal boat has sailed off years ago without ECT actually having procured a ticket to ride therein. If the cold winter in Melbourne persists to become a mini ice age they may fluke selling a few extra bucket of firewood to pay for keeping the delivery truck on the road. The output product may be marginally cheaper than the alternatives but are the big commercial consumers willing to convert over in order accommodate the new ECT product?