Took up my full entitlement again and some. Looking fwd to ECT producing BBQ fuel from its new plant in 2020. If India or this elusive Latrobe Valley project comes off its a bonus as I have invested based on the new plant at BM that should be producing cash flow in 2020. Yes, I have cut my expectations to pieces and Im really spewing NMDC dragged us through the mud but IMO ECT did the only thing they could do with the Indians and waited patiently. NLC have seen what we went through regarding their other partner and the fact they are still in the mix has me cautiously optimistic because the plant has been designed on their site with their lignite to be used.
To think the project was of such importance it went through NITI Aayog !
ECT Price at posting:
0.1¢ Sentiment: None Disclosure: Held
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