the greens tide has been stopped in its tracks, page-9

LAUTREC agree that Coldry will go overseas ,but it will be implemented in Victoria,
2 MAJOR reasons why.

White paper climate change policy 2010.
Legislation passed and adopted in early 2011.

Major industry such as ALCOA ,LYP ,Toyota, Ford , Holden ,
government subsidies END in 2016 for some,and then power costs increase due to carbon emission costs from lignite will drive the industry elsewhere ,
government cannot afford large scale exit such as is happening in NSW.

Coldry represents a viable alternative that many in the Industry still thinf that coal drying is an IF / MAYBE/ WHITE ELEPHANT or other phrases.

Labour has secured Victoria with cheap energy in securing continual use of lignite by introduction of Climate change policy, Liberals and Greens have APPROVED THE Climate Change Policy.
ECT right place at the right time.
TINCOM just need to deliver the SPV by Christmas ,would be
a nice present for many long term holders.