Announcement from yesterday is VERY SIGNIFICANT,not only for the overall benefit to Victoria and ECT.
THE FUTURE REVENUE GROWTH ,that may have not been noticed in the 2 last lines.
100 m mtpa this represents a FIVE FOLD INCREASE, IN COLDRY PLANTs being built outside of LYP. GLOBALLY.
TINCOM has large orders to fill in China and Asia ,plus securing growing energy needs in Vietnam.
THE 20 MILLION TONS per Annam from Victoria will not be sufficient to meet the demand,hence this new Milestone..
Best of all is ECT WILL RECIEVE 10% equity plus its royalty per ton,in other coldry plants built overseas.
INDONESIA WITH ITS LOW MOISTURE CONTENT AND TINCOMS contacts with large coal deposits ,will create a bullet train in the sp, if this proceeds.
the possibility is real.
Haspete that 18c projection in the chart could be fulfilled.
today KOS is presenting at Resource and Investment EXPO
12 noon ,with investors and institutions present.
About the License Agreement
The License Agreement provides for the following:
X Exclusive right to construct Coldry export plants in Victoria, Australia and Vietnam in
addition to the non-exclusive right to construct plants in the rest of Australia and
Indonesia
X Exclusive right to market Coldry in Victoria for 5 years, with a trigger to extend for a
further 5 years upon plant expansion to 5 M mtpa be achieved within 5 years
X Exclusive rights to manage and market Coldry product imports into Vietnam
X Rights to build up to 100M mtpa of Coldry plant capacity globally to meet the rapidly
growing needs of Vietnam's economy
X A free-carry equity stake of 10% for ECT
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $84 | 27.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 19911688 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 7657250 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 19911688 | 0.002 |
20 | 30219024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 7657250 | 4 |
0.004 | 11535031 | 15 |
0.005 | 4928289 | 29 |
0.006 | 5239567 | 10 |
0.007 | 2428333 | 3 |
Last trade - 12.13pm 09/08/2024 (20 minute delay) ? |
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