This is gigantic news ECTers. It is marked non price sensitive lol. This is the time for long term ECTers.
Key observations below:
1. Feasibility of a commercial scale Hydrogen refinery. Note commercial size not pilot scale.
2. Also government state and federal funding to support this thematic shift into H and ESG. ECT won't have any issues getting funding to support this vision. Just need to deliver and execute on the commercial plant.
Incremental progress on H initiatives could value ECT at least $150m to $400m over time based on current peer group today it is cheap due to IP being way advanced and first mover in a nascent industry
Ann: ECT commences full feasibility for its headline project, page-4
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