lvexpress expands aldp rumours & mentions esi

Thanks OBE WAN for bringing this to our attention,


Excerpt from yesterdays midnight press:

..."The program has in recent months been working through a shortlist of 12 applicants, up to four of which are believed to have become unofficial favourites.

Three companies were identified yesterday in The Age as among the preferred short-listed companies: Shanghai Electric Group, Coal Energy Australia and Ignite Energy Resources.

While The Express' source would not suggest which companies were likely to receive the funding, he said selections were not yet locked in, adding last minute discussions were still taking place with Exergen and Environmental Clean Technologies..."

Full read at:
http://www.latrobevalleyexpress.com.au/story/1690323/coal-tech-funds-nigh/?cs=1210


It is no wonder the share has recovered. Most considered yesterday that our drop came from our lack of mention under the 'favourites'category.
Well todays practically reverses that and gives us grand hope that we are the remaining favourite. I expected that both ESI and Exergen could get funding and this extrapolation supports the chance imo, for the articles only agenda was to clear things up a bit from what i see.

Thanks LVE.

L