As long as volume continues to dry up again the bids should build at 0.2c. This should pressure a few takers into 0.3c IMHO. And then on from there...
Either way we only have 2 weeks until 30th June of which time should hopefully provide a turning point for m2m:
- The second validation is expected to be completed prior to 30 June 2010.
- The finalisation of the VCS approval for the methodology process will enable sales and m2ms carbon trading revenue stream to commence.
Finger's crossed!
:)
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