Very positive ANN particularly to my mind:
"...several trial participants have indicated their intention to enter supply contracts for Coldry solid fuel volumes if further solid fuel trials also prove successful."
"However, the local market dynamics, inclusive of high gas prices, combined with the Stage 1 and Stage 2 upgrades at our Bacchus Marsh facility which have reduced our average production costs, present a strong opportunity for test product sales. "Our team have worked in conjunction with logistics support partner Jebsens to develop leads. Several leads have progressed through testing, boiler system assessment and cost-benefit analysis, resulting in orders for live trials. We're now in the process of preparing to gear up production to service these customers. "We have also partnered with independent boiler system specialist Paul Hoffman to assess and configure customers' existing systems for use with Coldry, in addition to helping end users specify, source, install and commission new boiler systems. "Rounding off the turnkey approach is the ability to offer equipment finance through our subsidiary, ECT Finance Ltd." Potential customers include large abattoirs as well as hydroponic and aeroponic facilities."
I think this answers the criticism and particularly the speculation about unsuccessful "crumbly product" trials.
GLTA
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Ann: Shareholder Update - Coldry Solid Fuel Commercial Trials, page-2
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