Ann: Half Year Accounts , page-33

in all fairness, but watso is happy to eat humble pie, and sincerely hope that there is a future for wave energy.

sadly for cwe shareholders, the promise is always there, but it never seems to arrive - just like chasing the pot of gold at the end of the rainbow.

in watso's previous post, he referred to an oct 2009 report - and a quick read of that mentioned something about stage 1 and stage 2 - and stage 2 was supposed to be happening NOW. if stage 2 happened, and keep in mind, that there was a lot of government funding available - then the world would open up for cwe.

ahh - another good report , from oct 2007, which included the following..



" We re on track for an array of commercial-design CETO units to be operating by the end of 2008 in addition to deeper water, full-scale CETO III tests and commercial roll-out in 2009, Mr Burns said."

ahhh - commercial roll out in 2009!!!!!! ..

desalinated water and electricity - just like being informed that watso is the only surviving relative, of an unknown uncle, but if watso sends his account details, then he will get the inheritance.. capital raising's from cwe, have the same effect.

perth would be the ideal city, to have desalinated water, and electricity, from wave power. despite the attraction of government funding, cwe, is still frigging around with "planning"

now, where is that wag prospectus?????, so that watso can send in his money
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