Could it possibly be a capital raising with a northen hemisphere jv partner to install the 1st CETO power/desal plant.
Or do they need shareholder approval for 100% ownership of CETO technology before this could occur?
Maybe Carnegie are ready to go with CETO 3 and better opportunities are arising offshore?
CNM
carnegie corporation limited
binningup?? is this the trading halt request?, page-4
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