"Sorry - getting ahead of myself here...The Coldry module itself...

"Sorry - getting ahead of myself here...

The Coldry module itself - I believe $50 million has been mooted - where will the cash come from to achieve this? Will this also create further share dilution? How much dilution do you think? I suppose what I'm asking is that once DFT2 and 3 complete what will the SP be and then divide $50 million into that (with a discount of course).

Also, what royalties will ESI get from selling their tech? 5%? 10%?

With these royalties, what amount of royalties will need to be recieved to pay back all capex, operating costs, etc.? When will ESI commence turning a profit? How many years is that away?"
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Kranky...

I see plenty of "misrepresentations" of ECT here...but cant let this one slip...

The comments above demonstrate you have an astounding lack of understanding of the ECT business model (SPV).

"The Company has also agreed with Monash Capital to enter into good faith negotiations to conclude an agreement whereby Monash Capital will provide project financing for the construction of a single module Coldry Commercial Demonstration plant of 150,000 to 200,000 tonnes per annum capacity in the Latrobe Valley to prove the economics of Coldry production in Victoria."

http://www.ectltd.com.au/asx-announcements/proposed-placement-and-project-funding/

http://www.ectltd.com.au/newsletters/shareholder-update-january-2012/