Originally posted by arion
ANNUAL REPORT 60.....2017-18 th NMDC Limited
P 72
TECHNOLOGY ABSORPTION PROJECTS:- R&D for alternative Iron making Technology: A pilot plant for iron making by adoption of MATMOR technology is envisaged in Research Collaboration mode between NMDC, NLC and ECT. The MATMOR technology is a unique alternate iron making method for producing high-quality iron from inexpensive, abundant Lignite (brown coal) and high or low grade iron ore/ mill scale etc; technology patent is owned by M/s ECT, Australia. The MoU for Research Collaboration on COLDRYMATMOR Pilot plant project was signed on 30 May 2018 at Canberra, Australia in presence of Dr A M Gondane, Hon’ble high commissioner of India to Australia. The MoU will set out the understanding of the Parties for the development of the Pilot Project and includes provisions with respect to formation and capitalization of the Project SPV, execution of several agreements at different stages of the implementation of the Pilot Project, and licensing and sub-licensing of IP as contemplated for the Pilot Project followed by construction, commissioning and operation and maintenance of the Pilot Project.
More to read.... P73 ...P74..
R&D for alternative Iron making Technology: A pilot plant for iron making by adoption of MATMOR technology is envisaged in Research Collaboration mode between NMDC, NLC and ECT.
Ive been looking at the history of pump and dumps that holders are talking about.
Why will the share price grow if this agrement gets signed? Seriously it is only just a research collaborration mode of agreement. IT is not at all a commercial mode of agreement and dosent neccessarily lead to any comercial agreement either in the future but they just share the information that Ect has and that is why it is going ahead at nmdc and NCL's cost.
I get tired of hearing how the price will boom towards 2 cents or more without someone justifing why with no comercial advantage attached to it.
The potential agreement at the sunset clause has seeming been priced into the share already with the 25% growth over last 2 weeks. After a little time what then with no comercial significants to keep it up? This is how I understand people saying a pump will come and then a dump. but I use different words rise and fall to be fair.
So if the chance of signing a deal for a commercial agrement dosent come for at least 4 more years and this agrement puts no value to the share actually, unless it will attract other agreements slash deals from another country its financial future looks no differrent to right now. With that idea I still think this hype will amount to a justifyed sell after what others are calling a justifyed pump.
Are people confused about how little this deal means if it dosent insure any comercial out come any way? Some share holders might be 4 or 5 years off their expectations if they think other wise. For the life of me, I will invest if I see a short term reason why I can make money here based on this sunset clause agrement. How will it add value to the share? I am hoping for suggestions that relate to right now not what might might may could can happen in 4 years if this and that happen along the way.
(20min delay)