news, page-56

Latrobe Valley as an energy source and continual use has always been the agenda of the politicians ,problem was how can they continue to use it and stay in favor with the greens, independents, and remain in power.

Bob Brown has conceded,cheap power is essential for industry and federal government have become the financiers to implement change.
Enter the carbon tax and now power stations need change for survival.

Perfect background for ECT to utilize its technology.
ARUPS figures must have been impressive to date and IMO International power owners of Hazelwood and Loy Yang Power B would be following results of ARUP, calculating whether to take the buyout possibly 2 to 3 billion dollars or go with the compensation package of 1.4 billion and use new technology to reduce carbon emmissions and become exporters of BCE or synthetic gas.

which way would give more bang for your bucks?

If syn gas can be achieved below $23 per ton , then the answer would be obvious.

To date no resolution on Hazelwood ? Final decision time .JUNE 2012,same as ALCOA regarding Geelong aluminium plant.

Financiers federal government have 10 billion dollars plus pool to develop alternatives to lignite.

AGL PLUS ALCOA if commit to a 2 million ton plant assuming 900 million to build would recieve 300 million contribution from federal government towards construction, the incentives are high and both companies LYP,need an alternative to stay economically viable.

LYP long term 25 year contract with Alcoa is co dependant.Cheap power And reduce carbon emissions ,coldry provides an economical answer.

Mr Makino endorsement against the background of carbon tax plus ARUPs findings will see institutional buying of ESI.

An 800 Million market cap is achievable on scale up from the 500 ton industry standard coldry plant to 2 million ton.
WEC had a market cap of 1.2 billion dollars on only a 1 million ton plant in sovereign risk Indonesia.

Intersting how the black coal fired power stations received no compensation.

8c by August 2012.