re: Ann: Notice of Extraordinary General Meet... Well in broad terms it looks like funding is not an issue to get this Tech to the 1st finishing line.
"The proposed placement of $4.0 million (before expenses) will enable the Company to accelerate completion of the Design for Tender and provide working capital for its on-going operations through to end 2012/early 2013."
"accelerate completion"...It seems that there's a big push to enable ECT to stand up amoungst likely contenders Re: Vic Gov recent announcement...everything going along as planned-but faster!
All IMHO
Best of luck to all
Ann: Notice of Extraordinary General Meeting/Prox, page-2
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