what can we expect this week, page-63

Bogswell I was just speculating that possibly the below is another way of looking at the postponement announcement combined with the capital raising announcement. The Arup announcement was worded as if it was an integral step in the contruction and funding of the Coldry demo(which it is).

My take on the AGM postponement announcement with the help of some inserts from the Capital Raising and ALDP Update (in hindsight of course!) -


Monday, 12 November 2012: Environmental Clean Technologies (ASX:ESI) (ECT or the Company) is engaged in confidential and as yet incomplete negotiations with a number of parties


insert - (ARUP, Monash, IMFA & IMFAMA who as per previous announcements are representing other possible interested parties)


regarding funding of, and participation in ECT’s Coldry Commercial Demonstration Plant (CDP) project


insert - (ARUP will be taking shares for payment and completion of DFT while Monash and its interested parties are still working on coming up with some funding).


Whilst the Company will make an announcement to the ASX as soon as these negotiations come to a firm conclusion, these matters may not be finalised prior to the currently proposed date of the ECT 2012 Annual General Meeting (AGM) of Friday, 16 November 2012.


The Board considers it important that shareholders have the opportunity to receive and review the announcement on these potentially significant developments


insert - (Wednesday 21 November 2012: Environmental Clean Technologies Limited is pleased to provide the following up date to shareholders in relation to delivering on the key objective of constructing the Coldry Commercial Demonstration Plant CDP. Mr Michael Davies, Executive Chairman commented “This purpose built Strategic Bond ensuresthe timely delivery of the balance of the DFT program and provides for additional engineering works in support of the delivery of Coldry. ARUP is a key strategic partner in the development of the Coldry technology and the Bond is an innovative instrument that is linked to the delivery of definitive outcomes.” We believe the acceptance of the Bond by Arup sends a clear message of confidence in the commercialisation of our unique technology and builds upon our longstanding relationship with one
of the world’s best engineering firms.”Additionally, capital raising activities previously announced in relation to Monash Capital Group are progressing in tandem to the above and will be the subject of further announcements.)


prior the Company’s AGM and have postponed the date of the meeting accordingly.

In accordance with article 11.2 of its Constitution, ECT will postpone its Annual General Meeting (“AGM”) from 11:00am on16 November 2012 to 11:00 am on Thursday, 29 November 2012.

The business of the AGM will be as set out in the Notice of Meeting and Proxy Form already sent to shareholders and the venue remains the same. Proxies already cast in relation to the AGM remain valid unless withdrawn prior to that meeting. ends....


Just my take on it and will be extremely happy to be proven wrong with a big ann't prior to AGM, however it is looking like the ann' on the 21/11 was the big ann' prior to AGM for shareholders to receive and review.

Above just IMO and DYOR.

cheers
B Rubes