*Coldry process > when dried > emissions reduced considerably > can be used in different ways unlike many other companies. Into HIGH VALUE products unlike many other companies. Simplest and most cost effective. Multiple benefits re Jobs, environment, political, economic.
* Progression of DFT stages 1 & 2 – Would not have occurred and would not have progressed to final stage if major problems with technology had arisen. As I understand it, many of the potential obstacles are nutted out in these earlier stages and we have long passed these earlier stages. Completion of projects also seem to indicate they are confident in finances/ costs being met. *ARUP (MAJOR world class engineering firm who is involved in this project), goes into Bond with ECT. Very good sign. *Delays on projects with other companies and/ or indication that their projects won’t be completed for some time yet is good for ECT and makes us front runner i.e. Exergen 3-5yrs away
*ALDP criteria (and large amounts of money riding on it) seem poised/ directed straight for ECT as ESI meets this criteria all too well.
*ESI short listed for government funding and not much word yet on other companies that have been shortlisted (surely there will be many others?..)
*Carbon tax and government commitment to reduce emissions – Coldry will assist in this.
* Infrastructure – rail and port and opportunities associated with this in exporting.
* K Coal takes a stake as per announcement several weeks ago in Nov 2012, plus highly likely many MANY more to come.
* Comments made by Government officials in relation to “technology available now” to enable lower emissions and conversion to high value products, and “Restructure of the regions coal resources to be expanded and diversified” - So how many other companies are there out there which a) have their technologies [available NOW] AND b) require the region’s coal resources to be “expanded and diversified”??? Not many besides ESI would fit nicely into both of those categories imo... Paints a big picture!
*Why was the picture on the ABC article from earlier this year removed? Did the picture give away too much re the future plans/ potential of the LY plans and future of it? What other reasons would there be to delete such a picture after article already published?
* Delays in Monash settlement [COULD] mean ECT is not giving into demands of Monash as much as Monash wish they were which could be good for shareholders re higher or same issue price of shares for Monash and less dilution > also [COULD] mean ECT has support and commitment from many other stakeholders so if Monash exits, others are waiting eagerly.
* Possibility of Monash wanting seats on the board > CSI wishes to hang round for some time and does not seem to be about a quick cash grab.
* Patents already granted in multiple continents across the world, development of patents in many countries.
* Monash > lender to INSTO’s > INSTO’s support that may drive price/ manipulate it higher when seen fit.
* ECT invited to various exclusive lunches/ meetings by heavy weight decision makers. Like a judge on X factor inviting a singing contestant back to their house for dinner. Ok that was a bad analogy but you get the drift.
* Matmor side of the fence with huge possibilities internationally and nationally – underdeveloped at current time however after several months have passed and Coldry starts taking off then what? Further development of this will come too.
Lots of great things happening with ECT. See Amazed’s post on 11/7/11 – isn’t that an eye opener! (#8294576)
Too easy to get upset and quarrel over the Monash fiasco and ongoing dramas re Monash not paying up. Also way too easy to forget the long term picture developing here and realise there is too much going on behind the scenes and too many benefits of this technology for the whole project to collapse and fail. Management and s/holders would just not allow it.
2013 is our year! Bring on the action in JAN 2013 onwards!
ESI Price at posting:
1.2¢ Sentiment: LT Buy Disclosure: Held
(20min delay)