Ann: New MD and Capital Raising to Drive Commercialisation, page-10

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17/08/23

11:44

Post #: 69392662
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Originally posted by Plext: ↑

Please point me to the announcement where the company said its the wrong Kiln or take back your post as its missleading to real shareholders.

Mr Rizzo, commented, “I am thrilled to embark on an exciting new chapter in my career as Managing Director of Environmental Clean Technologies. Before agreeing to join, I conducted extensive due diligence on ECT and its technology (including a site visit to the impressive Bacchus Marsh production plant in July 2023), and I believe there is significant potential for the Company to play an important part in the global shift towards net zero or near net zero alternatives for fuel, energy, and related products. I look forward to working closely with the team at ECT and bringing my experience and network to the Company as we look to advance and commercialise ECT’s alternate net zero technologies.”

Leaders like Sam don't come along that easy. Fact is he wants ECT to grow and develop the technologies which he sees will make a difference. $300k plus milestone options at 5 times the shareprice for the first allocation then 1ox then 2ox (up to 10c)

I watched FMG get beaten up and smashed around in its early days but Twiggy never gave up and chipped away buying more shares when it was under a huge short attack from the nay sayers.. Now his vision gets Global attention. Sam worked inside the FMG group , appointed as Manager of projects in 2014 and went onto work with Minaroo and FFI ... Huge !
Sam Joined FMG in its hardest days and played a key roll over the years of growth and Im so glad he's seeing potential in ECT and what may be possible for the huge resources in LV that everyone is turning their backs on.
Maybe Sams here for HydroMOR (Steel Technology) to make use of all those waste streams from the Nickel and Iron ore industry ? who knows but im glad hes at ECT !

I wonder if this appointment will end the shares for services deal ?

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The Kiln or metal cylinder came from WA and is refractory lined for producing a kind of shell fish diatomaceous compound at high temperatures that is used as animal feedstock particularly horses.
Because it has refractory on the inside it is heated from the inside. A biomass kiln to produce gas is heated from the outside with the internal material kept oxygen free. I explained all this months ago. Thats why it came with the refractories to line it.

ECT Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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