monumental flop..., page-47

DYOR, but this process seems very similar if not identical to White Energies CCT (briquettes, brown coal, bla bla)

Interestingly, both companies have similar negative EPS but my recollection is that Whites are further down the road with building a trial plant somewhere in Asia (i don't hold WEC stock either)
Both will be years b4 they go close to turning a profit. New furnaces capable of burning the product have to be built or existing ones modified even if either achieve more than a trial burn of their product.
FLX has a trial CCT plant already built and mothballed in the Hunter Valley, a trial product run already sent and tested in Japan.A different process but an illustration that ESI is far from unique in this area nor is it leading the way

Anyhow, this is a pure trading op, don't fall in love with the idea or the stock, the technology will probably be obsolete well before they produce anything..if ever

Cheers