http://www.ectltd.com.au/wp-content/uploads/111130-ASX-Chairman-Address.pdf
item 9
hopefully lazza does get his $1 he deserves it for saving this company., It is a real possibility as a 2 million ton in inner mongolia can be scaled up ,quicker and cheaper than in the latrobe valley
2 million ton initial with capacity to 100 million tons
100 million tons is close to maximum capacity exported out of NSW black coal export per year.
Resource is there to develop BCE and WATER, WATER, inner mongolia require.
WEC went from 10c to over $1 on news of significant backers and plant in indonesia only managed 1 million tons production with difficulties.
Yes Steven Carter did mention at AGM he would like to see royalties from ECT to shareholders.
new delhin presentation, page-20
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