the beginning of the beginning, page-8

A quick search on Dave Woodall reveels some very sound credentials and experisence 'QLD China Council', Chairman of the 'QLD Export Developemnt Advisory Committee' and lets not forget hes also Cons mate a co-director of Graincom.

Theres certainly an essence of 'jobs for the boys' surrounding Con. First after a lengthy search we managed to find Kos Galtos, Second after an equally long search we managed to get Con's mate.

All in all if they are the right people for the job then full steam ahead. Given the past performance of ECT the key to ECT's future and share holders confidence is the appointment of the 'right' board and not just a 'new' board.

Agree RBA, if certainly sounds like developments may start to flow.

Does anyone have a working knowledge of SPV's (apart from those with links to MIM and capital raising (wink wink). From my understanding the SPV's will raise capital independantly from ECT. Hence ECT proving the BFS, GMP and Financial Model for the SPV's basis for independant capital raising. If this is then there should be no need for mass stock dilution to fund coldry plant construction (appart form the first 'proof of scalability' plant.