uppers & downers, page-3

"IMO the downers and uppers should be focusing on FUNDING rather than the techs with potential out there at this point of time. We should all know where they’re at.

ESI has great potential but the DFT is incomplete and the board will be/have to be working extremely hard to get significant funding under the current conditions."

I agree 100% garyjohn.

IMO DFT completion and funding go hand in hand.

Completion of DFT must be close to the most important thing for ECT at present.

Obviously that also makes funding for DFT completion etc.. also at top of list.

Those 2 elements(DFT completion & funding)are the crux of all discussion from percieved uppers and downers IMO.

Surely, with all that is going on in the background (ie -deals being negotiated with multiple parties, Monash funding iminent, K-coal, Datang, India, Tincom, AGL and ALDP funding confidence)by now management should have been able to put together a couple of decent announcements(without revealing the commercial in confidence parts)to have the share price at a level where the Monash deal (1.3 or 2 cents per share) is simply too good for Monash and its backers to miss. In turn releasing funds for completion of DFT long before ALDP cut off and AGM(let alone postponed AGM) and not leaving shareholders kneeling at the sides of their beds praying for a last minute miracle announcement.

IMO the above, if taken in slowly and without emotion, is the reason for all the discussion between the 2 perceived upper and downer groups.

Any thoughts Garyjohn, Muzza and Dazza?

cheers
B Rubes