With Tata looking to import coal, any product they buy from...

With Tata looking to import coal, any product they buy from Exergen Projects in Vic should be priced in line with thermal coal import price.

With an average wage in India around the 5 rupee per day mark( $1 Aus = approx 50 rupee), what sort of royalty would Tata offer per tonne of product processed within India and funded by Indian money?

Would they sign a deal to make Ex's Aus shareholders rich, or do their best to screw it down so as to keep power prices low for their impoverished nation?

If Ex were flat broke and desperate for someone to back them, what bargaining power would Ex have for their as yet unproven, unwanted tech?

Of course first Exergen need to go through the R & D & demo phases before Tata could possibly know what it costs to make the product and then offer a royalty based deal. That will take years, hence it isn't priced into Ex's JVA partner's sp yet, also hence IK wanting to get the gold up and running.

Ex has global scale CSI's and partners and the market still doesn't assign it any value at this early stage.

B Rubes