Looking at CXY it has 3 assets of different value and timeframe.
Number 1.
Has to be its project in Pakistan.
If all goes well this would be its biggest asset.
Return on this asset is the furtherest away.
But anyone wondering why the Chinese walked away from Harg should do an internet search on "Showdown or Showtime in Pakistan"
It leaves very little doubt as to why the Chinese walked away.
Number 2.
Would be its Chinchilla project
This is the midterm asset for return on investment, and it is hoped that the trial burning goes well.
But any return from this asset is years away, and more funds will be needed.
Number 3.
Is the licence to sell VRB batteries in Australia.
This has allready showed a return from the Govt. Grant.
And should be further enhanced by the flow-on from the commercialisation of the VRB=ESS by VRB power.
Simply put,this is where immediate return to CXY will come from.
Which beggars belief as to why two of the top 20 shareholders in CXY have spent months trying to undermine the VRB company and Management.
If these attacks continue unabated would it not be better for VRB, at the end of the current contract, to sever ties with the Twisted Sisters and award the franchise to an Australia wide Utility Service Company?
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