It is interesting to watch the ESI thread.
Posts suggesting (timorously or strongly) that ESI is not unique, even in the ASX are swamped by long rambling downloads.
Professionally I have been involved in buying this type of product, and investigated acquisition of and positions in these types of Company.
A small amount of research should convince current and potential investors that ESI is not a cakewalk waiting for idiot suppliers to queue up and pay ESI buckets of money.
Exergen is an equally capable product at a very similar stage of its development, ahead in some characteristics (energy efficiency) and behind in others (capex). I don't agree that its water issues are as damning as another post has suggested.
White is ahead in commercial terms, but not (IMO) as energy efficient or possibly as scalable.
Lurgi and IDGCC both struggle with commercialisation, but at the pilot plant stage (in the early 90's) looked just as prospective as Exergen and Coldry do now.
Other Australian technologies have gone overseas and been developed there including one which has been sold into two plants in northern USA.
ESI has the same issues as other small startups - cash, maintaining its technological edge while progressively achieving scale demonstrations, being aware of and marketing its advantages to other competitors and (the most difficult) growing past its entrepreneurial gap.
Forcefully asserting ESI's shiny points while overlooking or not debating its issues does not help.
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