When will timing be right?
ALDP results mid june as stated on website, so if late IMO end of June.
MARKET SENSITIVE result must be announced by public company as also stated in ALDP guidlines.
for an EGM to be called 30 days notice must be given to shareholders, if shareholders are to approve 6 million at 2c this IMO needs to be done before ALDP results.
Would Monash risk shareholders not approving once ALDP outcome is known.?
POSITIVE ALDP and the sp will be over 4c ,not many shareholders will vote for 300 million shares at 2c.
that leaves 3 to 4 weeks for monash to pay its first instalement.
Coldry technology as compared to its opposition techs in coal drying solutions offers so much more.
Ignite has issues in briquitting the micronised bce for export and does not have the water benefits.
As for DICE enough has been said.
IMO ECT will be successful in the ALDP.
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