CWE carnegie wave energy limited

Ann: Half Year Accounts , page-19

  1. 31,306 Posts.
    lightbulb Created with Sketch. 4
    the stark reality is, that where there is heaps of coal and gas (including gas from shales, coal seam gas etc) - then wave power will have to compete, without subsidies.

    sure, it might work in some isolated parts of the world - but the company has promised so much, and delivered so little..

    http://www.carnegiewave.com/index.php?url=/about/strategy

    mmm that all sounds so good - but what has the company delivered???????

    mmmm - here is a good one (from the above link)

    * West Australian State Water Corporation - Preferred bidder for part power supply to Water Corporation’s Southern Seawater Desalination Plant in Western Australia.

    watso has to admit, that he is not up to date, with desalination plants in west australia , except to say that he has a hazy idea that a second plant was built, but he has no idea about any other (ie a third ) plant.

    reading between the lines, but cwe is missing out, because it cannot deliver - damn it all, but the cwe process was supposed to deliver fresh water as part of the process.

    this is a nigerian scam.

    watso could write a lot more - but holders would be looking for rope!!!!


    .


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.