"Do you and your buddy's still reckon that ECT won't be at LY Fakeshark....your (someone else's no doubt) ,Kel's and Avenger's reports seem to have AGL / LY written all over them...."
Obe Wan
To be honest I am not really fussed where the ESI plant is located. I have not seen any announcements from ESI so it looks like nothing is confirmed and even if it was, what does the agreement involve. I don't see AGL giving ESI coal and free heat??This is business afterall.
If I was you Obe wan, I would be more worried about the quotes below....Seems like ESI has many hurdles ahead...The below figures also highlight the costs of getting coal from LV to port....
Dr Fedir Woskoboeno from HRL Germany
"Logistics from LV per tonne –
Truck to port $40
Port handling costs $25
Ship to China $45
+ port handling costs and transport within China
No coal terminal in Vic yet – huge cost to come?
Big problems shipping briquettes, requires smaller ships with sealed holds and special inert gas to pump into tank to keep from igniting"
Mr Ashley Moore from Environmental Clean Technologies
"Need demo plant completed and tested before can attract investment for commercial rollout after 2017"
Ms Kate McCowan from JC Steele and Sons
"Working with ECT and said she was 'keen to hear from others'.
She said Coldry is a very technical process to make pellets due to exact moisture level required. If too wet it liquefies in press. If too dry other problems arise . 1% either way can make a difference."
Mr Rohan Zauner, Sinclair Knight Merz
"His background is assessing these types of projects having done due diligence on projects ranging from $100mills to $bills
His list of must haves for a BC export project–
Revenue – long term sales agreements
Capex figures
Opex figures
Performance must be attainable ie throughput
Financial parameters
Economic parameters
Triple bottom line very important
Material risk assessment
Construction guarantees
Environmental issues under control
Operational experience
Long term off take – robustness of deal - credibility of partner – specific terms of deal – he said “it's no good having a $2bill off take agreement with a $2 company”"
Add to My Watchlist
What is My Watchlist?