ECT 14.3% 0.3¢ environmental clean technologies limited.

esi cred checklist

  1. 2,232 Posts.
    With the comments that ESI are just a day trading stock without any firm prospects, below is a list of some of ESI’s partners whom have endorsed the Coldry tech.

    Environmental Clean Technologies

    Firstly, ESI make some massive claims, are they justifiable ????

    “The unique, patented Coldry process is the world's first economic method of dewatering brown coal.”

    “The Matmor process is positioned to revolutionise steel making, creating clean, low carbon steel in a single step. “

    “ECT considers that Coldry is a revolutionary, economic, highly efficient and permanent process of
    dewatering brown coal that will enhance low value mines, reduce emissions of brown coal fired power stations, provide a new export industry for Victoria, supplement world wide coal reserves and provide a real, cost effective, alternative to black coal.”

    Grant Thornton Corporate Finance Pty Ltd

    4 February 2008

    " Grant Thornton Corporate Finance has assessed the Enterprise Value of ECT between $82 million and $106 million having regard to the commercialisation of the Coldry technology only."

    “ Grant Thornton in Australia is part of the fifth largest accounting network in the world. “

    http://www.grantthornton.com.au/index.asp

    ARUP and McConnell Dowell

    “Arup is a global firm of designers, engineers, planners and business consultants providing a diverse range of professional services to clients around the world.
    Our firm has over 10 000 staff working in more than 90 offices in 37 countries. At any one time, we have over 10 000 projects running concurrently “

    http://www.arup.com/aboutus.cfm

    "We ( McConnell Dowell ) operate in four key geographies: Australia, New Zealand and the Pacific, South East Asia, Middle East "

    http://www.macdow.com.au/corporate/regions/index

    31 October 2008

    Feasibility Study Proves Up Scale Capabilities

    “ is pleased to announce the successful completion of the feasibility study, undertaken with Arup (design)
    and McConnell Dowell
    (capital cost estimates), for the construction of its 150,000 tonne per annum Coldry demonstration plant, that will comprise lignite dewatering and recovery of Class A water.
    The demonstration plant design and cost……and these optimised parameters used for design of future plants.
    Arup Principle, Mr Harry Watson said today “ It is technically feasible to up scale the process and our approach maximizes the benefit of the plant for the development of the Coldry process “

    John Hearst, General Manager Mechanical of McConnell Dowell said it had worked very closely with Arup in the preparation of an accurate budget for this new and exciting project and saw this as an “ environmentally important project delivering a reduced carbon emission solution to the coal fired power station industry, as well as the dried coal export market while delivering new employment opportunities for Victoria


    Transfield

    “Transfield Holdings.....with a record of achievement in infrastructure development...... extensive experience through its national and international operations.
    The company now specialises in the investment and long term management of privately funded infrastructure projects and businesses.”
    http://www.transfield.com.au/

    3 November 2008

    “ signed MOU with Transfield Services, a global provider of asset and project management and operation and maintenance services…..takes ECT one step closer to bringing Coldry technology to market…..”


    Ilthabi Bara Utama (IBU)

    11 March 2009

    “IBU controls over 3.3 billion tonnes of JORC (Joint Ore Reserves Committee) resources, which is expected to double upon further exploration, and has closed a US$135 million privately-arranged equity-linked note financing facility for mine development. The mine is currently producing up to 2m t.p.a. and plans to ramp up production to 10 to 15m t.p.a. over the next 24 months.

    “IBU can provide sufficient coal supply to meet current and future coal requirements for a >10M t.p.a Coldry production plant. The opportunity to access such a large resource in Indonesia will provide the Coldry plant with a key footprint into the South East Asian Market where there are a large number of coal fired power stations and consequently a huge market for the final product.

    IBU’s Trevor Butcher said he was excited about ECT’s Coldry technology and looked forward to a future together. IBU sees the opportunity to enter into an agreement to utilise a cleaner coal technology important in its development as a company with the goal to develop technology to make coal mining cleaner for the environment than it has been in the past.
    “It is IBU’s intention to enter into a joint venture partnership with ECT to construct a Coldry plant in
    East Kalimantan and to provide enough coal at an agreed price for at least a 10M t.p.a plant
    ,”

    29 April 2009

    coal samples from Ilthabi Bara Utama (IBU) coal mine in East Kalimantan have responded successfully to Coldry testing….. ECT and IBU are in discussions over a Heads of Agreement (HOA) to build the plant, based on the outcome of an acceptable joint business model. “

    Stephen Carter

    8 May 2009

    “He brings an extensive degree of high level strategic management and negotiation skills with specific experience in the securities and derivatives industry. Most recently, Mr Carter spent two years as the inaugural Chief Executive of global retailer Spotlight Group, which according to BRW magazine had a reported turnover of $800M last financial year..... Other appointments have included Vice President Planning and Strategy at Air New Zealand and Executive General Manager Property Services at Crown Limited.

    Loy Yang Power

    3 June 2009

    “now received confirmation from Loy Yang Power that it is prepared to commence discussions for an MoU encompassing the provision of coal, services and a site package necessary to enable the project…….. “The confirmation by Loy Yang that it is prepared to work with us is a critical milestone that will allow us to advance the TinCom opportunity, …….... The State Government recently committed $1M to the Gippsland Regional Infrastructure Development (GRID) initiative, of which ECT and Loy Yang Power are members, in this year’s budget. GRID will identify rail and port infrastructure needs in and around the Latrobe Valley and provide real solutions to the transport issues that are prohibiting the export of Victoria’s vast brown coal reserves.
    “Coldry is commercially viable and we are now one step closer to realising this major investment opportunity in Victoria’s Latrobe Valley,” Mr Galtos said.

    Hatch

    17 June 2009

    “Leading global furnace experts appointed for Matmor study “

    “wishes to advise it has engaged Hatch, who are recognised globally as leaders in metallurgical process technologies and advanced furnace design, to perform a review and assessment of commercial development of the Matmor process for iron making. The study, expected to take approximately three months to conclude , will provide guidelines for developing a strategy to take Matmor through to full commercial implementation .”

    Tincom

    22 June 2009

    seals the deal on the establishment of a Special Purpose Vehicle (SPV) to invest funds into a feasibility study for the construction of a Coldry plant licensed to produce up to 100 million tonnes per annum of Coldry over the next five decades …… “It means TinCom has committed to provide the necessary investment in the technology to fund a very detailed project feasibility study in the first instance, which will lead to the staged establishment of a commercial plant…….. confirmed TinCom had partnered with Ocean Bank W60, partially owned by Petro Vim - Vietnam’s State owned oil company …….. was the beginning of a new era for ECT .
    “While this is the company’s first major deal for the supply of Coldry, we will be continuing to negotiate others in this global market, which appears ready and willing to back our technology ,” Mr
    Townsend said.

    ECT finalises purchase of Coldry

    29 June 2009

    “ wishes to advise it now owns the Coldry IP and is ready to bring this world-class technology to full commercialization……which places us in a much stronger position to progress the numerous commercial opportunities in which we are engaged ……

    Fiori

    Thanks to Fiori ( financier of last resort ) and a couple of others, some of us true believers who supported ESI in its darkest hour were able to clean up in the SPP, underwriting and shortfall.

    So, in summery :

    Now with the IP, ESI will get insto/broker/govt support.

    Its clear that ESI is not some mickey mouse outfit wandering around Africa hoping a deal comes their way. Real global partners with real free carried deals with virtually zero sovereign risk. Check the dates on the above announcements. ESI are moving at lighting speed.

    Management need to continue to seize the opportunity.

    Does it get any better ?
 
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