As Fluff was saying they have a mountain of cash to use. I followed this KRL story closely as half of the KRL boys have had dealings with ECT (ESI ASX)
ESI did testing on the Pakar coal and it was a great success. The CEO from KRL who was running Alexis Mins. started a deal with ECT. Then NOTHING !I suspect they whated to see the results from the ARUP engineers reports. WEC have the cash so why wouldn't they join forces with ESI when ESI has a market cap of 2% of the cash held by WEC ?
ESI would get the CSI it requires and WEC could cover a large IP. ESI have tested the coals they just need a small amount of waste heat from that power plant on your site sitting there doing NOTHING !
What do you think Nymph ? Is it worth a few mill of WEC's cash to invest in ESI
As Fluff was saying they have a mountain of cash to use. I...
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