trading, page-121

" It would not be a bad time to dip the toe in the water for those interested in a small cap play. Nothing ventured, nothing gained. "

Hi mega

I am not sure advice ( I neither up ramp nor downramp nor and lic to advise) is valid as they currently are not progressing and as the above posters have commented there is no news. they still haven't in my mind come clean about deployment delays or updated a schedule for deployment etc. From a risk point of view deployment is the start of massive risk. If it fails , delayed again etc etc. even a good deployment may not give much to the share price as they real answer is what they produce and until they start announcing how the ramp up on energy and water production post deployment is going I can't see people buying the story.

A good question to the company is how are they going to notify shareholders of the progress of the power produced by the buoy once installed. Quarterly isn't good enough and I feel a page on their website should show water and electricity production real time so we are informed. It is irrelevant the small return for the sale of the water and power but it is essential to be able to gauge how efficient the technology is and thus project what will happen on scale up, downtime etc.

The collaboration with Bosch opened more questions than it answered. CWE have inferred that they were all sorted with their system , had models of performance in various buoy and wave configurations and now are collaborating with a off the shelf modular unit? That is a lot of research and engineering they have done if the bosch unit is more efficient etc etc and they won't hold the IP which allows so many other designs or buoys , snakes, tidal etc to now have a off the shelf engineered known unit. For all I know Bosch may have approached them and CWE data may be helping Bosch but that is not the way the announcement reads

Not sure if anyone noticed the bosch design had 2 differing ram sizes possibly low and high pressure and differing volumes that probably have valves could be electronically / hydraulically controlled to smooth the volume and pressure according to the seastate and torque of the buoy applied to the pivot. The smaller ram could simply be the " spring return" so the ram is ready for the next wave. The movement range offered by that pivot seems very small range of motion. It looks more like a unit designed for horizontal surges in shorebreak rather than vertical buoy use in it format pictured. Apart from that it just has a accumulator pack similar to what CWE is mounting on the seabed.

Just a opinion and we all know about opinions- we all have em.