Very good point. Once both Parties clearly outline their policies in the lead up to the election, im sure the environment will be a big part of the equation. It would be just a matter of time.
Also looking forward to the bankable valuation. In the Co's presentation to the Cleantech Forum in April 07 ( see April 18 2007 ann ) they have a "conservative" target of a $500 million NPV ( net profit valuation ), which equates to appx $1.70 per share.
The offtake agreement with the Indian power company is for 20 million tonnes per annum for 20 years. Tricom equities have a sale figure of $45-55 per tonne!
There are also issues in Victoria with availability of water for power generation for the coming summer period and beyond. Im sure the water derived from the COLDRY process could go a long way to address this concern.
http://www.theaustralian.news.com.au/story/0,25197,22414684-5005200,00.html
Regards
RBA
news very exciting... more to come, page-5
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