Is that really good news? Intending to licence the technology rather than providing the equipment makes it sound like the equipment isn't working too well.
There are a couple of inconsistencies in the article compared to the 5th June announcement. The announcement says that CETO is unaffected by storms - but the article says that they are waiting to find out if CETO can withstand 9m waves.
That announcement is concerning on two other counts. You cannot make desalinated water from energy without some pretty advanced nuclear technology. OK, I know what they mean but it is pathetic English. How do we know what they DO mean?
Of much more concern is the statement that CETO is fully submerged in deep water, away from breaking waves ..... and unaffected by storms - even as there is an article saying they are waiting for a storm to see how it goes. And any coastal or deep sea sailor will tell you that there isn't anywhere in deep water (except in very select protected location; which don't have waves anyway) that doesn't have breaking waves in a storm.
- Forums
- ASX - By Stock
- CWE
- How long before we know how it is all going?
How long before we know how it is all going?, page-4
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online