There is still a lot of information to come out and digest.
"This update provides a high-level overview of selected elements of the MPA and the Company looks
forward to announcing additional details including the revenue model and project plan, in due course."
Project will get underway in July/August. Market is just waiting on some more details. Having known the previous split leads to some disappointment, if we would have had these details intially we wold be very happy. They're interests are more aligned with ours now as they have decent skin in the game. Ect now is financial once they have all the money from oppies and we have room to move once the tech is ready to roll out next year. We are still in a fantastic position if this technology is everything it claims to be, now just have to upscale it to a commercial scale. Where will ect be in a few years time?
Looking forward to seeing the revenue model and the sub agreements.
ESI Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
(20min delay)