Not so much even the management, St Rizzo can only work with what he's got.
The lignite to clean hydrogen/chemicals 'company maker' that was a sure thing for the hydrogen revolution and would be the utilisation of the abundant feedstock that closed down regional mining /employment communities hoped for. Plus a site at Bacchus Marsh to showcase and demonstrate ECT's working technology to investors?
It required a processing train and infrastructure that was never built. ECT doesn't have the funds to do so nor is there any interest from venture capital to invest, despite the symposiums, conventions and presentations attended.
ECT is trying to scrape together enough money to get a kiln working, not to produce hydrogen (so they can't even run the useless Panasonic hydrogen fuel cells they expended money on for who knows what) but to produce char to try and sell to generate some income before it goes bust.
A green lignite to hydrogen/chemical refinery and technology park is what was touted to the punters.
How much would the share price be for that?
What we are getting is a char kiln in a derelict depot in Bacchus Marsh (if the capital can be raised).
How is that supposed to re rate ECT as a successful green industry producer and leader instead of being a small lignite repackager and char depot to increase the share price above .006?
- Forums
- ASX - By Stock
- ECT
- FOGO
FOGO, page-29
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $5.905K | 1.968M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 22324363 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 7794041 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 22324363 | 0.002 |
22 | 33519024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 7794041 | 3 |
0.004 | 11535031 | 15 |
0.005 | 5751289 | 32 |
0.006 | 5239567 | 10 |
0.007 | 2428333 | 3 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
ECT (ASX) Chart |