Interestingly, none of the CETO II units currently in use are configured the same. The company intends on offering a variety of commercial models to suit various applications, though Patrick Gillen, CETO operations manager, says we will not see any results for 'at least a year'.
When the unit reaches commercialisation (and by current indicators it certainly will), there will be a diverse variety of niche markets suitable CETO technology (and possibly some major projects too). An outline of the current designs, with negative and positive augmentations explained, will be most interesting.
Zero emission pure water supplied at a near-constant rate should eventually provide excellent returns.
I am having difficulty deciding whether to buy more at this level. Surely there will be some SP appreciation, but will CNM manage to keep pace with the rest of the sector (particularly geothermal) during the next year of minimal data releases? This is not a rhetorical question, I am curious as to whether there are any reasons to buy now or later.
Any arguments for/against buying at this stage of development?
Thanks
CNM
carnegie corporation limited
