The announcement is important because - "based on worst case assumptions the tool establishes that the cold dry investment and consumption cases SUPPORT the Grant Thornton valuation in the early years, escalating to a VASTLY increased value as the process and output mature."
The above is important because as announced on the 4th of Feb - "the primary purpose of the valuation is to assist the Company in raising DEBT & EQUITY from selected financiers and investors to fund the growth of the business"
ESI now have the tools to kick this business to the next level. Bankers, Investors & end users of the technology now have an independant platform to make informed decisions.
Whether they will or not is literally the billion dollar question.
If nothing else we should all know the outcome in the next 12 months.
The announcement is important because - "based on worst case...
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