NLC are down to the serious contenders: They've cut out 80% of the 89 companies who put in Letters of Interest. Leaves 18 companies. Differing companies with BCE technology. Coal To sell. Transport available.
ECT's got BCIA / CSIRO / DPI authentication AND potential Massive Coal Allocation to on sell.
Might be that NLC wants figures to buy Lignite, buy Coldry BCE then assess transport costs. They might want to know from Ashley the State and Federal feedback about the surety of ALDP and Coal Allocations. Certainly the ERF of 3.2 Billion sets the scene for Bigger players.
Mayby they want to bargain the Plant Costs/ Royalty package. Should they decide to Build the Coldry plants.
ESI Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held
