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Ann: Amended Appendix 3B, page-62

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  1. 813 Posts.
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    So it's currently months since last update from Valentia, last EVM threat to Valentia was some time ago too (the formal breach needs to be issued), India has not been forthcoming with funds and Middle East is dead quiet along with Apollo.

    I've talked to Roger a couple of times in the past few months and he continually appears to be optimistic about things but surely off the phone he would be very concerned that nothing has been delivered so far and the impact on the companies viability going forward.

    I suspect this technology avenue is rapidly ceasing to be viable due to the push toward solar PV and battery solutions. Would be interesting to see update figures and comparison to wind and solar PV.

    We are currently at a real and significant risk of losing our investments, because the EVM team can't secure any funds and haven't adapted to changing energy environment.

    I really hope they pull off a miracle... And I hope it's huge!!
 
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