AusZeph, that paragraph means something different to me.
Call me a cynic but I think DyeTec is just pitching the project in a way that appeals to govt funding bodies. A Standard Technology Platform (STP) solution that can be adopted by a range of downstream glass suppliers sounds much more grant-worthy than a one-off Pilkington production line. It suggests the benefits of the project - and hence any grants - will be spread far and wide.
At the end of the day DyeTec will be developing processes that lead to mass production - just like Tata is now. If the development phase is successful DyeTec will have a cash cow on its hands regardless of how it decides to take it to market - and that's probably incentive enough for it to get a move on.
I expect we'll get more detail fairly soon.
GSL Price at posting:
70.0¢ Sentiment: None Disclosure: Held