'Merit Criteria to be covered under this assessment category:
Respondents are to:
i. Provide evidence of current and future business operations which are directly relevant to the Project.
ii. Provide a list of any similar projects completed and how this experience will contribute to delivering in time and on budget.
iii. Demonstrate the capability of the organisation(s) to support meeting the objectives and tasks of the Project
iv. Demonstrate the capability of the organisation(s) to achieve commercialisation of the results of this Project.
v. Where relevant, provide an outline of the roles of consortia members and the status of any relevant agreements.
vi. Demonstrate the ability to secure funding from other sources over the life of a project. Include evidence from previous projects where private-sector financing or any other public co-contributions were able to be secured over the life of the Project.
vii. Provide evidence of the financial status and viability of the Respondent and progress towards securing funding for the Project as follows:
a. current audited financial statements and prior financial statements (at least 1 year and preferably 3 years prior).
b.Operating capital expenditure and financing cashflow
c.Project Cashflow statement projecting over the term of the project'
in other words - if you are a brown coal tech company that cannot prove it is in a binding partnership with a major scale resource player who has 'proven track record' of taking similar projects to completion then you are wasting your time.
we can all think of coal techs that, sadly, will fall smack bang into this category, and not make it past the first round.
exergen isn't one of them. which means tiny MNM is going along for the brown coal pilbara ride on the very large coat tails of tata power.
nice.
MNM Price at posting:
11.4¢ Sentiment: Buy Disclosure: Held
