Hang On

The market is finally waking up to the huge, actually massive potential that is unfolding here for ECT in India and beyond globally. The stars are aligning and the ducks are lining up as we approach what will be a company making moment for a little battler on the ASX that has been through ups and downs, lefts and rights but will come out the other end 1 of the most talked about stocks on the ASX soon. As i have mentioned before this end of town is never easy in the commercialisation pathway as there are many setbacks and let downs with numerous failures to launch into the commerscialisation space. We have well had our fare share of downs and along the years have seen Tincom and numerous other parties show interest in the Coldry process to no avail along with a short sighted government who one day will look back on their mistakes with ECT. But in that past have we ever had this interest that we do now in a country that has a prime minister coming out saying they want to increase coal use but use cleaner tech in doing so. Have we had 2 mulit bill companies 1st reporting the want to progress out tech in their own annual reports and chairmans addresses as well as the top end of 1 of them companies paying a visit here and taking a happy snap for us to announce to holders. On top they sent the Indian ministry of coal along to oversee what 1 of their countries multi billion $ companies and major energy and coal providers was up to with this little ASX company. Top all that off with the 4th biggest bank in India and a leader in its clean energy and sustainability backing the Coldry process both in its sustainability report and anuual report as a key to a cleaner energy in India. This statement from the yes bank sustainability report says it all and aligns with what its president is asking for which is an increase in coal power but using techs that are cleaner and more efficient.
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Given India’s large demand-supply mismatch of thermal
coal, the Coldry technology offers an efficient and cost-
effective solution to utilize the 43 BT (est.) lignite reserves of
India efficiently to bolster the energy security of the country
while mitigating any adverse impact on the climate.
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On the selling and buying of oppies today what a great sign. Yes someone sold them and if as many think it is for the buyer to convert well that is a huge sign that some massive confidence is approaching here as a premium was paid with 1.3c paid when the heads were actually trading at 1.9/2c with a slight push to 2.2 at the back end of them oppie exchanges. So someone was willing to pay 2.2c for 50 odd mill shares in paying 1.3c for the oppies and the .009 strike with a total of 2.2c if converted. WOW. I wouldnt be letting go of mine for 1.3c though no way. We are on the verge of some massive trading days with the market hot for a good story especially in the cleaner energy area. A multi comapny agreement with 2 heavy weights will set us off on a run where many will sit back and say wow why did i not see this coming. There are plenty pieces of news and indicators out there by both ECT and the Indian parties to suggest this is a massive partnership unfolding that could well see this battler enter the ASX top 300 by years end once all is revealed and construction begins. Comparisons with WEC's run back on their planned Indonesian projects give a hint to what is possible here. This time though i feel what is lining up in India for ECT with 2 game braking technologies will blow what WEC was doing over in Indonesia out of the water. Hang in there for the ride of your life here.