Worth read the whole ANN again .
August 1
Overview – India Strategy
" As mentioned in previous announcements, the ALDP is yet to run its course and we will make announcements in line with ASX Listing Rules. Regardless off the outcome, we have progressed toward the key objective of Coldry demonstration through our engineering efforts. "
"Our next objective in relation to Matmor is to develop the process to pilot scale, with a capacity of ~6,000 to 8,000 tonnes per year. With an expected investment of up to $20 million to develop the Matmor pilot plant, we believe this approach to de-risking is prudent."
Is the $20m from Lind , for Matmor ??
http://www.ectltd.com.au/news/overview-india-strategy/
is there news around the corner?, page-8
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