exergen's backers, page-18

G'day HM

As you might know I have been looking closely at ECT given the bullish Vic Gov outlook on BCE

It is interesting, given the above link and the obvious IMO fact that some of the funding will definately go to Exergen, the public approach of the 2 Co's.

Exergen zilch.

ECT announce intention to apply.

Exergen constantly mentioned by Gov and media.

ECT constantly mentioned by ECT or associates.

Plenty of room for both in brown coal pilbara plan.

AGL I hear(via fellow researcher who may/may not have recieved an email from someone at ECT,I take their word for it), are aware of the MOU between LY & ECT and have not terminated it. AGL/LY would give some credibility to ECT as far as criteria for ALDP funding goes. YET with all the possible links to China, Korea, Poland etc.. ECT are having to rely on fast finance at high interest rates.

Will be interesting watching it all unfold, but I certainly agree Exergen/Mantle still attempting to stay well below the radar.

cheers
B Rubes