is there news around the corner?, page-25

attitudes ,

Demo plants are at their very best, cash flow neutral.

The LV CDP 180kt pa, was mooted to require about $70m

$50m capex $20mil per annum opex approximately.

That 500 tonne per day works out costing $112 per tonne to produce if this opex suggestion was on the money.

Coincidentally 500 tonne per day had been articulated in company updates during the Monash direction as also being CCP (commercial) plant.

This is certainly cheaper than the thousands of dollars per tonne the Da Tung ( China syndrome ) Kos test burn would have ended up costing share holders.

But with the grades of coal that Coldry has to compete against ( what, around $85 per tonne fob ? these days ) there has to be a lot of number crunching and forward estimate spin froth bubble and ramp imho before India will stop burning Lignite and other low ranking brown coals, and embrace more expensive alternatives, it could well be argued.
Palmer won't stop ramping up exports of higher ranking coals out of the east coast, just because China is doing to coal prices , what it did to zinc 12 years ago, and what it's been trying to do with iron ore and bauxite contracts.

Lets see what the foz has wrangled up in India. After all the recent fast track India dialogue implies binding agreements, which infers unconditional imminent results wrt to sp movt.

We have been hearing India Matmor Pilot plant and Coldry rumors for years, but more recent talks appear to have been considered a contingent direction from around Easter last year.

Matmor needs commercially viable Coldry as it's energy medium to smelt the mill scale or other ore medium. So far Matmor test pours have been lab bench test affairs about the size of drink coasters, with sacrificial retort concepts no bigger than arts and craft scale retorts.

It is about as chronologically advanced ( without r&d or r&d updates ) as Coldry was in the early 1990's.

Until Matmor sacrificial retort tech makes paradigm technological leaps in size durability, ( both of which are related exponentially, ) it remains bench test theory on the whole.
There are other Matmor type theories that exist which I would like to see Matmor research and perhaps incorporate into the expensive retort theory, as they are much cheaper imho. It has a very long way to go before yes or no is understood imho.