ECT 0.00% 0.2¢ environmental clean technologies limited.

Company Q&A on Hot Copper, page-14

  1. 1,816 Posts.
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    Some good points Chris, for me though the pr questions aren't as relevant, if the announcements stack up even poor wording will not matter that much IMO. All the other points are the issue, june deadline extended last minute.... to end of july... then possibly august, and what are the consequences of it being missed? The expectations of some media coverage and ministers involved, as you said why didn't they have that information sooner? Why was the date changed so late of the signing ceremony? What was the point of Niti? (initially they also said the review was planned but it would be completed post signing, does that make sense to anyone, why have a review post singing?)

    Why break the MPA up into further agreements post signing of whatever the signing ended up being. The difference was supposed to be a month and now should be two, why not have the signing with the sub agreements all completed in one go? They have already had the TPA, what is the difference with the new signing? Were they expecting momentum to build into the actual completion and release of the sub agreements? If they didn't mis-manage the last signing that could have been possible, but add in missed timelines, missed signing date, and alluding to ministers being at the signing which didn't eventuate and you get a smashing of the shareprice.

    One question I have and it may be a naïve one, what are the ramifications of the 49% stake? Does that mean in the future if NLC and NMDC feel like changing any of the terms of the agreements they can?

    Another question, has changing the percentage ownership changed conditions of the revenue model? Has the review made any recommendations in this regard? Is NLC and NMDC looking at coldry and matmor from ect's perspective and their plan is more at licensing out the technology or are they more focussed on rolling out the technology themselves so that their interests are in limiting the revenue going to the spv?
    On release of the revenue model will ect put out some figures against current prices to show what the revenue from the planned 500,000 tonne plant will mean to ect?
 
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