Some very bullish statements. I like it...I like it alot. Derisked again. Tincom want BCE regardless of potential new tax etc.
ECT to build its own plant up to 100mtpa? What!!! Who will fund it? Vic p/stations? The ann has a heavy emphasis on building/burning more in Victoria. No transport costs, rail/port not needed. They can burn Coldry with zero modifications to reduce emissions by 10%. After all, the recent conferences heavily support coal drying as THE priority. Will they wait for an ETS?
http://minister.ret.gov.au/TheHonMartinFergusonMP/Pages/DRIVINGDOWNTHECOSTSOFMAKINGCOALSUSTAINABLE.aspx.html
Sounds like Tincom are going to build plants all over the place, Vietnam, Indo mensioned. The FS is looking more and more like a formality...Tincom want the scope to include tenders/plant designs etc. No doubt they realise if one module works...a million will.
The fuse has been lit imo. Instos will be VERY impressed with this. ECT is maturing.
BRR next day or so?
How does the $400 mill fit in??
"4mtpa of available rail and port capacity"...hint??
Some very bullish statements. I like it...I like it alot....
Add ECT (ASX) to my watchlist
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $100 | 33.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 19062147 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12731463 | 25 |
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| Last trade - 15.59pm 05/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |