re: Ann: Update - Victorian Coldry Project an... ECT is going to produce Coldry including feedstock for about $30 and sell it after transport for $120.
If transporting the Coldry to China costs $30-$40 ECT should make $50 a tonne by 2mt = $100 mill profit.
OR 3 and a bit years FULL PAYBACK
or the option of both, export and local use.
LYP buys the coldry pellet ,fulfilling guidelines for government assistant package for retrofitting gradually,so as to reduce emissions up to 50%
receiving carbon permits ,tax cut and funding to finance upgrading.
Upgrading secures long term contract with Alcoa and profits from carbon permits.
ECT could possibly still receive $50 per ton in the end.
WIN WIN WIN WIN for 3 companies and gov, .
Carbon trading scheme yes please.
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