will santa drop by ??, page-20

The material items in the chairman's address regarding Monash's commitment would have to be related to the ALDP shot listing which changed the percentage terms for our CSI ownership of the CDP.

The short listing was a milestone for the company and silence at this point does not necessarily mean that Monash is demanding something out of the ordinary.


I would assume that management already has an idea of the money possibly being provided by the government for proving our technology in a demo plant.
The list of other participants, not shared publicly, no doubt will be shared with the management of applicants involved.

This would pave the way to negotiate ownership and percentage terms for Monash and, in all likelihood, for other Asian companies which wish to invest in our plant.
The 5% conditional support from K-coal was only a carrot being delivered prior to short listing confirmation.
In my opinion, a whole lot of other company commitments are in progress.



Who says that negotiations currently under way only encompass Monash?
I would certainly argue that other parties could be part of those discussion in the moment and further Asian companies might come forward shortly to commit.



What management attempts to achieve is so multi layered in its arrangement, especially for the entire CDP financing, that I'm not surprised to see negotiations extend.

Nobody in their right mind would assume Monash and management negotiate for months the 6mil delivery.
Current negotiations should incorporate the entire, or to some great extent, CDP funds and I would assume that we are up for some major news, either later this month or early Jan.