thanks.
I've been doing a bit of reading - long term holders certainly have been through a lot!
From 2008 -
Grant Thornton put an EV on coaldry of $100m and 'the company expects to deliver up to 5.5m tonnes of pellets in 2011'
ECT will now produce reasonable commercial quantities of shipments to India by July 2011 increasing to 20m tonnes in the 3 years after.
The financing stuff back then was great - $10m with one venture fund and $15m with another.
All this Matmor testing and no meaningful progress after this long.
What ever happened to the Indian company?
Ahhh I am getting tired - that will be tomorrows reading.
Must have been a disappointing few years.
It helps me understand some peoples feelings towards this share.
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Price($) | Vol. | No. |
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