The market dearly wants to run with this but cant due to LJC and current concern re overseas markets. Id say the concern is 70% LJC and 30% os markets.
LJC is poison. The market wont run too far while LJC is around and uncertainty remains over what funding is coming NEXT.
ECT's company maker was always having the "tens of million cash down" allocated to the SPV - and the market "believing it".
CDT (412 in the Fortune 500 - employ 99,000 staff) add the crucial "believing it" element.
Even the sceptics are being forced to acknowledge ECT/Coldry are kicking major goals now.
If you google for a few hours you will see there are now 10+ coys ALL claiming to have the brown coal drying solution.
No one knows how to save/make a $ better than a Chinaman/Asian....Tincom/CDT have gone with Coldry rather than RWE, Exergen etc.
Brabus...you have for years been saying RWE are the drying experts - RWE is 101 in the Fortune 500 (bigger than BHP) - how come they cant compete with a microcap ECT??
Coldry is the clear leader in bringing an economic drying solution to market....
Enough said....gas inc....lets debate in depth the media accepted benefits of GAS v Coldry.
ECT did indicate CDT is the beginning - lots in China, worldwide... "they dont want to be a one deal coy" - Id expect the "success breeds success" motive will move into overdrive now. Maybe even Poland might get enthused.
Lots of media talk about natgas as the only alternative to brown coal/Coldry.
ECT have achieved great milestones this year commercially - lets kick on with a placement that goes to a holder that actually believes in the tech and is willing to HOLD.
Fantastic result today ECT - the kingpin is ARUP unleashing the "tens of millions"...looking forward to that and a better financing arrangement.
ESI Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Held
