ECT 12.5% 0.5¢ environmental clean technologies limited.

Ok so have spent a little time going back over things THE big...

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    Ok so have spent a little time going back over things

    THE big question is did management actually drop the ball when they pushed for this final decision or was there a further amendment to the RCA

    The later i tend to think not, because if the RCA was altered in anyway one would presume it would have to go back to NLC to approve any such amendment

    The discrepancy as far as i can see is as follows on the

    7/12/18 this Ann was released and it clearly states

    Screenshot (7).png

    Project bond for India project to be finalised after signing of the RCA

    Yet in this recent update on the project finalisation program
    as per below


    Screenshot (3).png

    It now clearly STATES
    Finalise all actions to allow all undertakings as outlined in the FINAL RCA ,INCLUSIVE OF THE PROJECT BOND, working capital and nominations for the PCC

    So clearly not through my fabrication or twisting of the truth but from ASX released Ann in black and white for all to see

    This i take was the reason for the deferred decision by NMDC,  which was obviously cleared up to their satisfaction just so long as the undertakings as outlined in the FINAL RCA were met

    Question  ECT REP

    Did ECT incorrectly advised its shareholders on the 7/12/18 with its statement above and totally missed the fact the bond was to be in place before signing and finalisation could take place

    OR

    somewhere along the line was the FINAL RCA amended to the shock of  you the ECT board

    Would be nice to know who is responsible for the BIG FREEZE and financial pressure the company now finds itself under

    Thank you ECT REP look forwards to your answer if you could take the time
 
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