j c steele, page-18

Hi Amazed...agree.....also my understanding is;

- The JC Steele ’90 Model’ extruder will be used 1 commercial demonstration module as compared to the ’25 Model’ JC Steele Extruder at the pilot plant
(i estimate the '25 model' to be maybe 10x smaller/ less output) and from memory these were 200K each, so how much would the '90 model' be? 1 mill? let alone using maybe 10# of these for a 2mtpa plant and possibly 100# for a 20mtpa.

- On going maintenance over plant life (parts?)

- The potential global success if and when Coldry becomes commercial, huge $$$ for JC steel globally........JCS would be wanting coldry to get across the line as the potential income stream over a 10-20yr period would be a monster.

- Based on the above maybe JCS might be become a 5% player also?

http://www.ectltd.com.au/asx-announcements/coldry-pilot-plant-upgrade-adds-commercial-capability/

all imo, dyor