As a mark of confidence/support in management & their unfolding strategy in India & Victoria, we applied for our full oversubscription Tues. And it is a significant figure.
http://www.ectltd.com.au/hydrogen-fuelled-election-bid/
"At the very least, if COHgen isn’t commercialised, brown coal still needs to be dried before its gasified. And our Coldry solution is the ideal front-end enabler for a lower cost traditional ‘steam-reforming’ hydrogen plant."
http://www.ectltd.com.au/brown-coal-the-hydrogen-economy-stepping-stone/
"We have 4 years to develop COHgen to the point where the likes of KHI can evaluate it as an option for future commercial deployment."
We think Victorian prospects are huge. Kawasaki this week confirmed they are building their demo plant next year. ECT are positioning themselves to potentially play a significant role. And of course India/steel. All enormous markets.
ELF - $325k injection by ECT staff...nice.
tick tock...
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