The "Patents" and "DFT" are the keys to success.
Don't underestimate the importance of today's revelations as the financial transaction closes out the DFT final requirements and puts ARUP on the company's register.
The "DFT" is the equivalent of a bankable feasibility study providing full intial CAPEX, COLDRY construction blueprint, timeline of delivery and estimated ongoing operating costs.
"ARUP" have the technical skills, know-how and networks to assist in efficient delivery of each project component - single through to multiple modular plants. This partnership will be a key input into securing the ALDP funding. More importantly we now have the full backing of the engineering experts who completed the design work and are basically indicating they believe in the economics of the project by accepting an equity stake.
The Patents worldwide are secured, the DFT benefit/cost is in final stages, and NOW WE AWAIT THE KEY TO ANY MAJOR TECHNOLOGY DELIVERY in the Funding and Funding partners.
The latest announcement confirms that Monash Capital Group are keen to meet their previously indicated $6M and the question is how much more.
The next announcement should confirm the PRIVATE SECTOR FUNDING forthcoming as alluded to in the previous 12/11 announcement. That is, the "potentially significant" funding partner(s) and the funding arrangement negotiated by ECT to deliver commercialisation vision of Coldry and Matmor plants.
Announcements thereafter will confirm further PUBLIC SECTOR funding as provided by the ALDP and I'm fairly confident the name of private financiers/backers would have alreay been included within the EOI submission.
- Forums
- ASX - By Stock
- ECT
- Ann: Capital Raising and ALDP Update
Ann: Capital Raising and ALDP Update , page-27
-
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $78 | 39.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 27765048 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14309828 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 27765048 | 0.002 |
24 | 28862532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14309828 | 35 |
0.004 | 8003928 | 14 |
0.005 | 3676859 | 23 |
0.006 | 3178567 | 7 |
0.007 | 918333 | 2 |
Last trade - 14.31pm 11/10/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |