The Company believes that demonstrating the financial feasibility of its Coldry technology at increasing scale in the Australian market can only improve its standing in the eyes of its Indian partners and may act to shorten lead times in delivering the integrated Coldry-Matmor project in India.
What they are saying here is that we are demonstrating demand for Coldry and selling the fuel at a profit to satisfied customers, even at this level of production. The trial burn was obviously successfully completed and it appears that we will be supplying under contract in the coming weeks, not months as we near completion of stage 2 delivering 15,000tpa.
Ann: Shareholder Update, page-26
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