RBA with the potential of the company the point that is hard to get around is why there has been no major JV PARTNER.
could it be the following;
Monday 12th May 2008:
ECT (ASX:ESI) advises that an interim report from global engineering and design firm, Arup
confirms its confidence that the Coldry pilot plant production process can be up-scaled to a
demonstration plant capacity with a continuous output of 150,000 tonnes per annum.
Furthermore, Arup has expressed its belief that, with the improved capability to undertake process
optimisation trials, the demonstration plant can be upgraded in a modular approach to a production
facility of 2.5 million tonnes per annum or greater
Unless its proven, and costs associated ,that it is viable at greater than 2.5 million tonnes or greater per annum.
perhaps buying opportunity presents on tuesday.
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