under. valued, page-17

There is blue sky around ESI now that there's a Carbon Tax also the engineers are more than half way through their box
ticking.

For a company that claims to have the World's best coal dewatering tech, Does it deserve to have a market cap of $9 mill when you consider this snippet from the article below ?


Mon, Feb 13, 2012

Feature Articles
Post by James Wellstead, Resource Reporter
– Exclusive to Coal Investing News


In 2011, China inked two significant deals to bring foreign clean coal technologies into its midst. The first was Seamwell International‘s $1.5 billion deal in June to develop an electric power plant using synthesis gas extracted from gasifying coal deposits via underground coal gasification (UCG) in collaboration with the China Energy Conservation and Environmental Protection Group. Once operational, the 1,000 megawatt power plant will burn 6 million tonnes of coal annually, and will reduce CO2 emissions by 20 percent compared to a traditional power plant.

In November, Georgia-based CoalTek announced that its 50-50 joint venture deal with Yijian Group Co., Ltd received final approval to build a clean coal processing facility in Inner Mongolia from the Chinese authorities. Transforming 10 million metric tonnes of low-grade brown coal into high-thermal value coal, the facility created by the US $350 million deal will burn coal more efficiently and produce lower emissions.

10 million tonnes is NOTHING ! China produced BILLIONS of tonnes last year. Plenty of room for ECT CHINA !

No wonder no ones willing to sell into the overseas buyers.
In recent weeks ECT have added DR Makino to give Coldry more credibility. Mr Makino has seen many technologies come and go from Latrobe valley as he has spent over 20 years working for various governments and their agencies.
Mr Makino has also invented many processes and techniques all to do with brown coal, If he was Indian we might call him the Guru of brown coal. Maybe the Asian's know this guy and what he can offer ECT and are buying with confidence.

I sure have been and well done to you Rupe for loading up once again, soon you will have more than me !

http://resourceinvestingnews.com/31350-chinas-clean-coal-game.html