Sp3,
This is why I'd like to see ESI vertically integrate their business and acquire (or partner with) a large brown coal reserve. It provides control and business sustainability and possible plant cost efficiencies through a combined processing plant for Matmor and Coldry (maybe even CTL too)
IMO the 2006 GEOSTAR deal was the right path (SP got to a $1) until the subsequent collaspe but I think management's focus now seems to be partnering directly with powerstations.
The technology is there, its proven, the market is red hot so now it's up to the wisdom of management and their strategy to make sure they don't let this massive wave go past them.
It's all about management from now on in.
Speaking of management and what they are up to, it would be nice to get an update??
Cheers,
Sp3,This is why I'd like to see ESI vertically integrate their...
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