coldry is the best coal drying technology in the w, page-54

re: coldry is the best coal drying technology ... the share price is irrelevant. the market cap is what matters.

The market no longer values companies on potential. Instead it values companies on the value of its assets or the income it generates.

ECT is currently valued at $5m because that is what it is worth. At the moment the only asset ECT has is the coldry IP.

however, once ECT starts producing (2014) and begins to generate $100m per annum, wont the market cap be at least $100m?

The question is, will ECT ever make any money?

And how soon will the market value the company according to its revenue forecast?

The DFT commencement was a major achievement (given the ECT is now funding it on their own) and as they achieve further milestones the market will gain more confidence and consequently push the market cap higher.