"Phase Two works at Bacchus Marsh will be paused as a result of...

"Phase Two works at Bacchus Marsh will be paused as a result of the strategic review to allow a refocus on formalising relationships with potential project partners which will enable the Company to accelerate commercialisation"
. . . . "paused" . . . . "to accelerate" now that will need some real big thinkun while they painfully grind through the shareholder's gears.
And this new wiz-bang thing they are buildun now has ta be commercialised??? Which begs the question was it ever shown as a sound business case that it could be commercialised? And if it ultimately can't be commercialised then shareholders are eff'ed.

"undertaking a broad review of its go-to-market strategy in light of the increasing interest in net zero emission technologies that decarbonise conventional resource use. The strategic review has identified opportunities, at both a government and industry level, to formalise project partner relationships with the aim of improving shareholder value and deploying capital in a more strategic manner."
So far $80m and counting has been spent and now they are thinkun about a "go-to-market strategy" and lookun for "opportunities". WOW that really shows an incredible hindsight initiative - Nostradamus, eat your heart out.

" the Board of ECT has decided to pause Phase Two" over to "opportunities for commercialising ECT’s core technology suite (Coldry, HydroMOR and COHgen)"
So they are droppen the char kiln thingy and running over the factory to now pick up the "Coldry, HydroMOR and COHgen" thingies??

Yet again all over the shop and making up commercial strategy on the fly all the whilst avoiding making any revenue return on the $80m++ spent on buildun of things in the folly factory.

Today it is no wonder the risk-averse trigger happy traders fired off multiple volleys from both barrels when this kindergarten sandpit announcement was coughed onto the market.