Ann: Capital Management Update, page-84

if you look closely I mentioned coal prices are back on the rise. its useful to take a step back from the action and consider a few things: 1) the mining industry is slow to take on change 2) the greatest limiting factor for mines are their wash plants/mills 3) esi tech is another process that adds to residence time 4) what mine manager would hinder their greatest bottleneck with unproven tech? and speaking of tech. what is the tech anyway?

coldry - reducing emissions only. no value adding at all!

matmor - milling lignite to <8mm (milling = $$ lost!), adding water and then drying (?!?!?) to be used as a substitute for coke? wow for all this effort we should be expecting a crucible swell of Everest magnitudes.. only theres no mention of that at all? so remind me again why anyone would consider this tech at all?

does anyone else find it strange that its so hard to find the specifications behind the tech? the reports all read like some buy now scam put together by a fresh grad marketer. and thats not even mentioning the board yet.. not a single director with coal experience.