26/05/2010 took up a small holding, to focus a bit closer on it.
Presently regard as experimental, with some promise, just a bit to much hype.
Need figures of one year :
$$$$.cc cost to obtain one unit
$$$$.cc cost ongoing (fuel, maintenance, etc) to operate
kWH produced power
kWH power savings
kWH power earnings
Is this a profit/(loss) ?
How long take selling back into power grid to cover the installation and ongoing operation costs ?
IMHO hard to ju$tify in$talling their units at current price with current ongoing expenses - without good tax bonus/credit.
Regardless of who wins governemnt, in couple of weeks their entire approach to alternate power may change...
Accept some advantage, foot in door, later to those who can participate during early exploratory development phases.
Harvey doing this as spec chance being a mass retailer with turnover potential to return a good profit - IF it really takes off IF/when unit costs reduce.
IMHO up and down for a while before user costs sorted out and becomes attractive to retail purchasing, as result worth short term trades, particularly if retain proportion of profits as shares with potential for long term gains.
CFU could clarify actual production costs with numbers and returns within EEC market so can focus better as to equivalent costs within Australia.
CFU Price at posting:
20.3¢ Sentiment: Hold Disclosure: Held
