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ECT - Environmental Clean Technologies

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Well we're afloat again with a Skipper & new officers who we know nuthin about going to I hav'nt the faintest idea. 2005 Reports tell us nothing as prior to reconstruction. Shares have risen since relisting & more buyers than Sellers who obviously know a lot more than we relic old skeliton crew.New ESI Director qualifications other than some Mining & Smart Card experiance means who knows? now we presumably have new Fund raising which means they have to tell something & then it's every ESI mug to make his own decisions. My last experiance like this was Smartworld SWC. Insiders took us to cleaners fortunately & unusually reconstructured VRE took off. I took up some on refloat on assumption that new boys intended to make some quick money. It worked & they did & I got out with even a bit of fat & then saw shares soar. I hope history repeats itself but knowing nothing does not help. Is anybody out there who can tell us what's going on? C > e.
 

GreatPig

Pigs In Space
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Re: ESI - Environmental Solutions International

Put this into my watchlist on the weekend as a possible buy today, but didn't get a chance to look at it.

So of course it went up 65.7% today :(

Meanwhile, all my resources - what few I've got left - got hammered.

GP
 
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ESI > Return from the Dead?

Any one know any thing about this crazy refloat which on surface is "Ponging" like a 3 month corpse. Revived from receivership. New fund raising of only $20000 @ .01cents. ($15000 in cost of raising) nett $5000. Shares still around .70c. More buyers now than sellers. ASX ask why? Directors ( On $2000 per month) say don't know of any reason & life goes on. Original ESI shareholders were diddled by pretigeous Board. ( Late Chairman got another "Gong" in last Australia day Honours list' . The 2004 AGM of which we were told profits of around 4-5 $million turned into a recever's meeting with loss's of $4million plus. Operating Co sold off to Tenix. Refloat assets on old hat Enersludge technology. They buy a private Co for Share swap called Aust Coal technology or something like that & not a murmur from any of our "Ruthless" Regulatory Authorities? Nobody says or does nuthin > "SheesH"!
 

numbercruncher

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Re: ESI - Environmental Solutions International

Im curious on this Company as well, they hold the Patents for some interesting Technology ?

But what with the chequred sounding past hmmm ?

:confused:
 
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Re: ESI - Environmental Solutions International

ESI in a trading halt today.Earlier this week the company announced an overview of it's coldry process for the upgrading of brown coal " which the company intends to distribute to potential customers and investors as part of the commercialisation phase of this unique patented cleaner coal ininiative."
In view of the companies past financial history it is not susprising that a trading halt causes worry for some holders but this time it may be good news,especially seeing clean coal tech is one of the flavours of the times.
 
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Re: ESI - Environmental Solutions International

ESI is another one of those companies which are prepared to issue new shares at a discount to institutions rather than give a benefit to existing shareholders. I have mailed them my disgust and ask everyone else to do the same. The shares were issued at 12c with 2 free options at 12c expiring August 2010.
There are too many companies who treat their shareholders as a necessary evil.
 

numbercruncher

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Re: ESI - Environmental Solutions International

Yah thats absolutely shocking behaviour, I dumped my last shares in this mob only a few weeks ago.

Makes you wonder whats running through there heads to do this type of deal, and two options per share pfft!
 
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Re: ESI - Environmental Solutions International

ESI have today announced the completion of the production run of it's Coldry process plant at Bacchus Marsh' claiming the 60day 24\5 trial successfuland the goal to run a commercial plant has been achieved.
ECT, in association with Mecrus, has now commenced the scaling up process and the company has launched it's Go TO Market strategy.
"We've moved out of the development stage and are now ready to market" said Mr Galtos.( Managing Director)
Maybe now we may be able to see some movement in the SP to offset the steady decline over the past year. They owe me 19c. Hopefully this news may get them back into green ink.
For those not familiar with the Coldry process it is one used to upgrade brown coal by dewatering and pelleting and converting it to a product more effecient and enviromentally friendly.
 
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Re: ESI - Environmental Solutions International

Some good news today for ESI on boardroom radio and an update on market potential on Company announcements. The company has identified 180 power stations in Europe which will be targeted to use the patented Coldry process. They say that with only 5% market acceptance ( 9 power stations ) it would be worth $100,000,000 per year to ESI. Sounds pretty good to me and accounts for the SP rise today.
 
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Re: ESI - Environmental Solutions International

Can anybody explain to me why this stock has drifted down this week when the buying depth has consistently been much stronger than the selling orders. Doesn't make sense. Anybody???
 
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Re: ESI - Environmental Solutions International

Can anybody explain to me why this stock has drifted down this week when the buying depth has consistently been much stronger than the selling orders. Doesn't make sense. Anybody???

This is not a stock that is known to a lot of investors or it hasn't caught the imagination, you can see that by the number of posts on the thread. I've held a few for awhile now and they are in the red and if that applies to past holders they will be hesitant to reinvest. I think they have a future so I will continue to hold out of interest.
 
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Re: ESI - Environmental Solutions International

ESI has been selected by Platinum Productions of USA to participate in The Business and Beyond USA TV program.
The company has been informed that a crew will be visiting Melbourne to film this segment and it will air in the USA;

* Once nationally on Discovery channel
* Once nationally on Travel channel and
* 40 times regionally on a combination of CNN Headline news and regional news networks in many of the top 100 markets nationwide in the USA through regional cable operators.

The segment will be based on the Company's goal:
"To reduce carbon emissions and environmental damage through investing and licencing of commercially practical, environmentally clean technologies and processes."

ESI will then own the film which can be shown world wide with the exception of the USA. This must be a plus for this company which has pioneered this process and is in the stage of commercial development.

The share price is at a years low price and I have decided to catch the falling knife on this one as I am confident it will bottom out.

In a recent post on this thread I complained about the Company issuing shares to institutions at discount prices but not giving existing shareholders the same opportunity. The shares I bought today were 1c cheaper than th institutional price.
 
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Re: ESI - Environmental Solutions International

ESI may finally be on the move. The company has had it's patented Coldry process valued by an independant valuer. The valuation has come back at a value of 82 to 106 million dollars. Not bad for a company with a market cap of around 30 million dollars. That should leave room for an increase in the SP.
 
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Re: ESI - Environmental Solutions International

Anyone interested in ESI would be advised to read the recent company announcements. The company seems to have interested parties actively participating in their projects. The sellers have dropped off today and the SP has risen on the news. I believe this stock can benefit as carbon trading becomes of value and it's processes become adapted.I am considerably in the red with ESI but I have averaged my price down considerably in recent weeks. I will continue to hold.
 
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Re: ESI - Environmental Solutions International

A few years back I had an interest in ESI making a reasonable profit out of them before they went bust. I've been looking at them since their return and have been quite impressed by the package based on brown coal that they are presenting. Quite attractive, but is it fair dinkum? There's lots of brown coal around the world - so why hasn't the conversion process been discovered and utilised by someone else a long time ago? An article in Google talked of difficulties experienced by some uni in trying to convert the brown coal. So, were ESI's claims fact or fiction?

Confirmation that the process as described by ESI could actually be performed successfully came in an article titled "Clean-coal investment adds power to Victoria" in The Age on Friday 3rd May 2008. But it wasn't talking about ESI. The company it referred to was Sedgman Ltd (SDM) who are setting up an operation in Tasmania, being backed by the Indian industrialist Tata. See the news release in -

http://business.theage.com.au/cleancoal-investment-adds-power-to-victoria/20080502-2aev.html#

Also see the announcement by Sedgman to ASX titled "Sedgman invests in clever new clean coal technology", released on 3/05/08. The new technology they speak of seems to be exactly the same as announced by the ESI .

It seems that the technology is a goer, but what about the legal aspect of patent rights which the ESI claims to hold?

Looking forward to some comments on this interesting situation.

anon
 
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Re: ESI - Environmental Solutions International

WEC also do a not to dissimilar process. They have joined up with BHP and have been kicking goals for a while.
ESI have a long history of not delivering the goods. There is hope that it will turn around though.
 
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Re: ESI - Environmental Solutions International

ESI may finally be on the move. The company has had it's patented Coldry process valued by an independant valuer. The valuation has come back at a value of 82 to 106 million dollars. Not bad for a company with a market cap of around 30 million dollars. That should leave room for an increase in the SP.

WEC also do a not to dissimilar process. They have joined up with BHP and have been kicking goals for a while.
ESI have a long history of not delivering the goods. There is hope that it will turn around though.

ESI is one of my many disappointments that I have continued to hold. The valuation, above, of the Coldry process (which said patented process) led me to believe they had something unique and valuable. It should be a good investment so why is the SP falling when energy stocks are booming generally. I don't have any answers.
 
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Re: ESI - Environmental Solutions International

This is one of those times when catching a falling knife pays off. ESI has gone up over 15% today and buying more recently to average down has at least put this one back in the green ink for me. There must be an announcement to come or someone has a lot of faith.
 
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Re: ESI - Environmental Solutions International

Thank you coop, nioka.

It seems like there have been a lot of people watching ESI and wondering if it's for real. They must have seen The Age article that I've mentioned above and decided that the technology at least is a goer and that ESI is worth a punt.

You would have probably noticed ESI's announcement to ASX on 11/4/08 about entering into a Memorandum of Agreement with McConnell Dowell Constructors (Aust) Pty Ltd, world-class engineering, construction and maintenance company, for the procurement and construction of Coldry Plants in Australia. This announcement added further credibility to ESI's potential. I thought.

anon
 
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Re: ESI - Environmental Solutions International

This announcement made a difference to SP

http://imagesignal.comsec.com.au/asxdata/20080515/pdf/00842486.pdf

Quotes from website about patented Matmor process look interesting

- Captial equipment is estimated at 66% less than traditional blast furnaces (not sure what a traditional blast furnace is worth)
- Production cost estimate of $200/t (no mention of $/t of traditional plants)
- Can use poor quality coal (lignite) and iron ore (Magnetite, Wustite), traditional steel making can only use Hematite (DSO)
- Significant reduction in energy requirement (gotta be good for steel makers with carbon tax looming)
- Can be adapted to produce Zinc, Nickel, Chromium and Lead

Again, just quoting, I have little knowledge of the steel making process. Surely this technology would interest China?

I don't hold
 
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