Reading this statement from ECT,; all it does is confirm that...

Reading this statement from ECT,; all it does is confirm that ECT has strategically managed itself over the years into an inescapable circular flow chart;

"Additionally, defining the environmental approvals pathway and advancing draft agreements for supply and offtake are crucial steps in advancing the project towards commercialisation."

• ECT doesn't have enough money to build the capital infrastructure needed to get into production,

• Due to ECT's poor record of not completing anything and the abysmall share price the market (capex providers & raisers/shareholders etc) aren't willing anymore to provide the capital needed to build the infrastructure,.

• The only way to convince capex providers to hand over the money is to show ECT has 'supply and offtake agreements' that evidences there will be an income from production,

• But ECT has no production infrastructure to show to customers than can even fulfill any 'supply and offtake agreements' they make now or in the future as they have no capex funds to build the infrastructure.

Anyone seen an unused kiln in factory yard anywhere the owners would be willing to swop for say some unused Panasonic Hydrogen Fuel Cells?