Ann: Half Year Accounts , page-20

100% agree with all the frustation everyone's showing.
Stumbled across a couple of news items I thought might be of interest-
http://reneweconomy.com.au/2012/the-top-australian-cleantech-predictions-for-2012
Excerpt:
Michael Ottaviano, CEO, Carnegie Wave Energy

My predictions for 2012 ….

· Solar pv will continue towards retail parity price driven by cheap Chinese manufacturing dominance,

· Wind turbine manufacturing will move in the same way to emerging market sand with the same result – costs also approaching pricing parity (although, unlike solar, at the wholesale level) and the slow decline of western turbine manufacturers (only investment in innovation and development of proprietary technology will be effective against China’s cheap cost of labour and capital),

· Billions of Euros will be committed in the EU offshore wind market – France will be the latest country to announce multi-GW projects

· The start of the Australian carbon price and resilience of domestic economy leads to renewed local interest in cleantech focused on carbon sequestering technologies such as Pacific Pyrolysis

· A shake out in marine energy as a few well capitalized and advanced developers deliver first commercial scale projects alongside major EU industrial partners including Carnegie who will commence construction of its first multi MW CETO project.


Now regarding the 2nd last dot point- I haven't been following this thread much of late(so this may have been mentioned) but Michael has been working on floating this other company Pacific Pyrolyis(formerly WAG which has been delisted) as a director.
http://www.pacificpyrolysis.com/PacPyro%20Investment_AT&GL.PDF
Good on him for getting some extra coin(about 30K I think I read), I just hope he's not neglecting CWE in the process.