I doubt it would have an significant price lowering effect on local hi cal coal dcob.
The sub continent is desperate for the stuff due to their nuke non proliferation treaty status and progress.
It would simply mean the power stations built and sitting idle could be fired up imo.
Recall how desperate the Indian PM was end of last yr, when in Australia, he begged our PM for yellow cake,,, but also added,,, he would settle for an extra squillion cazzillion tonnes of coal. Yes,, the Indians are interested in coldry, but for that esi dollar dazzler sp effect some time mid this decade, I wait for their interest in MATMOR to get things shakin'& a bakin' !
India will be the first Country to embrace MATMOR tech imo.
At that point,, we will see a sp at multiples of where coldry will take it, with a healthy PE ratio and paying dividends of many pennies a pop.
May be lazza will get his dollar per share later this decade after all !
Matmor is certainly what I am waiting for.
Koz you cant have matmor,,,without coldry,, I'll wait.
We are in very early days,,,esi wise.
This is about when esi should have listed as a public CO
?:~))
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