Hello Kranky,
I think we are digressing a bit on this post.
Your take on ECT's agreement with AGL and your reference to EL5119 is way off. The reason why you have ECT working hard to complete DFT 2&3 is to build a Coldry Plant within vacinity of Loy Yang which provides a coal benefication process to AGL-this means that AGL will be using Loy Yang's own allocated coal not MNM's. Why would AGL be interested in doing a deal with Exergen via MNM allocated coal-selling to AGL for a much higher price than working with ECT and using their own coal???
This provides an excellent opportunity to both AGL and ECT with access to Gov $$$. Just scroll through the numerous posts by Pasboz referring to links to Gov websites. Before you go asking questions on that (which I think you already have)...do some research please. I would like to be able to show you the specific references you are asking for to this but I already have 1 fulltime job :0)
The EL5119 was arranged to hedge risk-to give ECT access to brown coal for further tech development and provide a source of income down the road in the event that current arrangments are changed. Also (and this part is speculation) I find it very interesting that this deal with EL5119 is done with Mecrus-why you ask? Good question. Yet to be confirmed but please read my post 8232150.
Best of luck to all
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