esi gameplan., page-8

Exergen to fund Coldry? Well can't say I blame you for throwing them in the mix as they look to be going places, just not sure if funding Coldry would be high on their agenda unfortunately for us holders. Other than that nice cut and paste with some interesting, if slightly outdated facts.

"(2) Step 1 - Build Pre-prod plant in VIC. Single module to produce 150,000 to 200,000 Tpa.
Location will be LOY YANG
(3) Step 2 - $50M to $60M to build and "operate" the above plant for 12 mths"

$50-60mill to build 150-200k demo. Exergen quoting $51mill for a 400,000+ demo and 13mill for resource and running costs while proving the demo, so similar cost for double sized demo.

The cost to scale up to 2mill tonnes per year should obviously be less than 10 times the first module due to multiple modules being made at once. If it is half, say $25mill that would be $250mill for the 2mill tpa plant. Less again for scale up to 20mill tpa, say $20mill/module or $2bill?

Doesn't make the $2bill Exergen spend at BM with existing infrastructure to port sound so bad now I guess.

ECT & Exergen have both stated ALDP funding is a big part of their planned demos so it looks like late 2013 when the funding is announced will be a long wait for us all.

Meanwhile both Co's need to reach the next stage after hopefully lodging their EOI's tomorrow. Will either of them let us know -

1/ They have lodged their EOI's

2/ They have reached the next stage?

Exciting times for both or a long wait? Time will tell. Personally I hope they both keep us informed each step of the way.

cheers
B Rubes