re: Ann: Enerji Progresses Commercialisation ... Matt:
"A potential clients mine is not operating with the sole focus of saving energy. The sole focus is to dig product out of the ground to sell to clients asap."
... and to do this in the most economical and profitable way possible!
ERJ have something here which could potentially enhance the cost:profit ratio to favour many miners. In these uncertain economic times, such an enhancement should not be ignored. It should be given full respect. Now that Aussie miners have the RSPT to worry about (thanks again Mr Lemon Rudd), there is more impetus to incorporate such a unit in ALL Aussie mines. The applications are diverse. The potential clients are endless.
But yes, I agree that first it must be proven. Even this 3rd generation unit needs a test run. For all we know they'll go quiet on us for another 6 months only to release yet another random announcement stating they now have a yet more refined 99th generation power-box. BUT that is why the shares are 4c. If the technology was proven, here, and customers were signed up, they'd be dollars.
That's a risk I'm willing to take and I've loaded up.
Management, please do everyone a favour and get it right this time. No more excuses. You can't blame management past and gone now. Only yourselves. So just do it.
If this thing works ERJ will be putting money back into the pockets of all the miners that are just about to get robbed (again, thank you Kevin Dudd). ERJ will be a national hero.
Get a major on board, have a chat with Twiggy and see if he wants to put one of these things in over at FMG. That'd set the stage for a rally and watch the other miners follow! Sound like a dream? Not if you can prove to us this thing works in Oz! So get to it. Show us!
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