so where does this leave esi & datang??

Now take a deep breath and count to 10.

Now that we have all a decent vent at each other after being left lonely at the altar let's now get back to some basics.

How is ESI placed with respect to Datang and the impending test burn given this the only seemingly impending news?

There are a number of scenarios.

(1) Early indicators are that the test burn could be looking unpromising causing key management personnel to consider the exits. Not likely because the economics seem to be strong and other previous tests have proven the worth of the product. If Datang was to be the making of ECT then why exit just now? Don't know!!

(2) Money has dried (or is drying) up and Kos and the board could not agree on where the next round of funding was to come from. Suspected by many for some time now and must be a key internal issue right now.

(3) The negative exposure surrounding Kos and his connection to the failed Tincom deal and the subsequent tainting of ECT meant his time was going to be over because something had to give and the board always has to be stronger than any CEO. The staining of Kos on HC for the weeks post Tincom was not pretty. And the share price was butchered. No option but to reinvent ECT.

(4) Whole new team at board + CEO will lead to a imminent repositioning of ECT ultimately leading to making some real deal. Now this one option is what the shareholder are hoping for but do they have the stomach to hold their share parcels in the meantime??

(5) Someone comes along and buys everything aka fire sale and the shareholder walk away after swapping their precious dough for a pittance.

(6) Suspension on ASX then an ultimate wind up. Not the first specky to go this way.

Other options from cooler heads are worth working through on the HC forum.

Good luck - if more than ever we are going to need it.