potential value

Some people are wondering if the current sp is factoring the signing of the tripartite agreement.

Some things to think about (this is all a re hash), upon the MOU with tincom esi sp went to 11.5 cents, funding still not arranged, no dft, cost of module triple the size, no positive matmor testing, no plan to develop matmor as sole focus on coldry, less shares on issue

Upon the Monash saga, sp went to 3.9 cents. Funding for a module still to be negotiated, dft not complete, cost of module still triple what it is now, no matmor in the pipeworks.

Upon signing of the TA(much bigger market than tincom or aldp ie india), map to get coldry and matmor commercialised, Coldry known costs and information on funding for coldry outlined or soon thereafter, tripartite meaning funding is split threeways (still need to know details, especially with potential equity in esi to be taken by NLC and NMDC), matmor testing has shown very positive results, potential new patent has arisen, matmor being advanced although coldry demonstration before pilot plant built.

Some points to think about for new investors and those finding it difficult to go through past points to find information. It is difficult at this stage for investors to put a price prediction on esi, however with the media attention we will receive, a favourable agreement, asx300 who knows....