Less than a month ago when: - EOn ordered an additional 105 units - We got the grant extended which saved us about 2mil - received European certification a couple of days later for the mCHP product. - installed Bluegen units spiked from 75 to 108 - directors voted with their wallets in the cap raising
There has been plenty of good news as illustrated above, but the market is focused on Europe's problems, not the small goals we continue to kick (semi-successful capital raising as well!)
Going back to the EOn announcement, this caught my eye:
"CFCL and E.On are continuing to work together to develop a range of product configurations for different UK market segments and customer requirements. Once the Product Development Agreement is completed during 2012 the next stage in the parties collaboration is to negotiate and sign a Product Supply Agreement for commercial products."
I think it will be healthy if we fill El Capo's gap, get it done and move upwards.
CFU Price at posting:
9.6¢ Sentiment: LT Buy Disclosure: Held