k-coal...you ripper!, page-40

Yep there's been a fair bit of buying and selling Canonman, dropped in to oversold and then they buying picked up.

5% in the Demo plant from K-coal in the Commercial Demonstration Plant ; subject to a defined level of success in the ALDP ring .

then with 5% on 2 million tonnes per annum Commercial Scale Plant (CSP) on proving of the feasibility of Coldry production at commercial scale through the successful operation of the Commercial Demonstration Plant; at 5% and the ifs and buts and assuming that the demo module is going to be just a bolt on to the main plant eventually , well that's around the $25m+ mark...but that's only about $3m for the initial demo, as Obvously its dependent of ECT securing a certain percentage, that % figure they didn't tell us...

Its a step in right direction and can only be seen as a positive step towards some ALDP funding.

Monash need to be sorted out... There's a lot of answers that need to be answered there and the board need to come clean on those guys....they keep saying that they are still progressing and update on the status of the Monash transaction will be gone through at the AGM tomorrow ....

IMO they have ticked an extra box on the EOI application with the Loi from K-coal although we were hoping for a whole lot more , they need to get another partner(s) in and they need this before close of stage 2....

They have moved forward; there's also Arups name there two, although it remains to be seen what that's all about....

I'm sure there would have been some good buying at 1.2c and considered great value if this news had of popped out without that big hyped Ann on the 12th