what can we expect this week, page-21

The sp says the jury is out. Either its a tight ship...or the news is "ok". However - check some charts of other microcaps that have made it to the big pond. Just because there is no sp action so far does not mean a launch wont happen.

It really is an extraordinary situation. A microcap with a shocking history (even recently via Monash delays) making grandiose statements 2 weeks prior to an AGM where directors know they will cop a grilling IF there is little to excite s/holders.

Key words:

"a number of parties...funding... participation... Plant... ...firm conclusion... potentially significant developments"

SP3 - re your suggestion:

1. An agreement with AGL to use their land, waste heat and coal.

2. Full funding package (or partial) to build the demo plant.

3. Monash funds/or update
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I reckon a combination of all 3 in different degrees.

1/ Arup are conducting the DFT site specific to AGL/LY. No AGL = no coal/location/waste heat etc....effectively no ADLP for ECT and serious problems ahead for ECT. I dont see how the looming ann cant clarify the ECT/AGL relationship.

2/ For any proposals re demo funding to be taken seriously...imo AGL needs to be nailed or inferred as nailed via significant binding signings.

3/ Monash are central - lets not lose sight of that. ECT have continually stipulated that. Anything plus Monash is a bonus to me. The "indicative timetable" must be ready to kick in maybe? Likely (if at all this week)... it wont be more than $3m otherwise the Arup James Bond would not have taken place.

Regardless - Monash have to feature in the ann.

I'm looking for the below in priority as to a possible sp re-rating:

1/ Credible $$$ from anyone inc Monash that brings "value adding"...I dont expect a licence agreement from anyone with $$ upfront. We are talking the demo here. But I expect some real $$$ committed going by the ann.

2/ Linked to the above - anything "binding" - ECT have made a big call in the Nov 12 word choice. Common sense tells me ECT had 95% confidence things were "good" prior to ann'ing the Nov 12 ann that has triggered us here on HC. Note too that sp has not moved. Folks are hesitant to buy due to the Monash delays.

The Nov 12 ann could easily have stated "AGM delayed till Nov 29 due to unforseen circumstances"

ECT have voluntarily put themselves in this position.

Its showtime - lets see what ECT have to show re:

"a number of parties...funding... participation... Plant... ...firm conclusion... potentially significant developments"

I'm expecting bullish news...but how bullish...

tick tock...