gaec...agl...ect/esi...mou's...coldry..., page-20

Yes some sound reasoning on this thread...just to add...

I posted the below excerpts 3 weeks ago...
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"Lets focus on Feb 24...$$$ talks...

AGL ann Feb 24 they intend to buy 100% LYP.

Feb 24 ESI was 1c (climbed from 0.5 over the previous week...lol)...and has creeped up since."
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Lets expand on the above...get your charts out folks:

Prior to Feb 13 the sp was stuck at 0.5-0.6 for months.

Something "happened" Feb 13 onwards. The price/volume spiked BIG and continued.

Now what triggered this?

ECT's last sensitive ann was a month prior - Jan 16...so we can disregard that.

So what triggered all this?

Interesting that ECT received a "speeding ticket" Feb 22...just 2 days before AGL ann its 100% offer.

Co-incidence?...IMO this is a classic case of melding TA and FA together. No-brainer.
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I also posted the below at the same time:

"I should add ...re Feb 24 AGL 100% - Monash came on board March 15...so clearly Monash see AGL 100% as no threat to ECT....but rather a close friend...inc Dr Brockway."
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Its 100% clear ECT are 100% reliant on AGL for initial survival. Its also clear ECT have gained ARUP/AGL's confidence to continue with stages 2&3. Its also clear IMFAMA intend to go beyond the $4m and fund the Coldry $70m demo...and imo the Matmor p/plant.

Re Matmor - ECT have continually said they are looking for a p/plant partner.

Jan 31

"The next stages for our Matmor technology are
associated with the development of a Detailed Design
for a Pilot Plant at larger scale – approximately 6,000
tonnes of iron per year, and then the construction
and operation of that Pilot Plant."

Now we are told IMFAMA are in deep with Matmor too. Why wouldnt they be? If they are going to fork out $70m for a Coldry demo - and considering Matmor is basically an extention of Coldry...WHY wouldnt IMFAMA fund the Matmor p/plant (~$30m)...?

IMFAMA are in the position to "corner" Coldry/Matmor as ECT's CSI and "project financier"...those FOB figures are alluring and the Matmor potential is staggering.

I have a "background" in charts and normally dismiss charts re microcaps...but in ESI's case - it has greatly bolstered my confidence re the above.

I reckon the "definitive" elements of DFT 1 were "close" to being completed (started Oct) ~ Feb 24. DFT stage 1 was the crucial stage that imo determined IF the Coldry tech was economical/viable - stages 2&3 from what I can gather are more about obtaining tendering prices based on stage 1

Thats all imo that AGL would need to trigger confidence to go 100%...export - lol

Correct me if Im wrong carlturk/maxi...

Anyway - we see the "update" states some VERY definite info re timeframes etc...

Given the update, the above and the below type cred (Mike inc) - these along with my tech understanding form the basis of WHY we are in deep.

Too many "co-incidences".

"Neil Youren, Director of Monash Capital made the statement “ECT’s expertise in commercialising technology is an excellent fit with Monash Capital’s experience in infrastructure projects and extensive global partnerships in Europe, Asia and the Middle East.”

Hey madmacs or other chartists - can you guys post a chart that "microscopics" that Feb 10 - Mar period and add some price/vol comments.

tick tock...