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4.1¢ carnegie clean energy limited

Some thoughts, page-26

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Chimpbpoy

351 Posts.

48

12/09/19

18:20

Post #: 40402278
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Originally posted by zoulou: ↑

Chimpbpoy

You are quite correct that the demise of CCE was the consequence of the flawed adventure into EMC, which led to a cashflow crisis such that the Albany project could not be funded to the satisfaction of the minister and her Department.

I tried to report on the General Meeting as best I could and then explained the rationale that led to my decision, which I have since shared in my original post. I am not trying to put any lipstick on a pig here, you will note my original comments on the disastrous nature of the decision to join EMC flawed business model. The outcome was all good news for EMC as they were able to monetise a business of no tangible value.

I disagree with you on the value of CETO 6 et al, but concede it will take time to turn around. You might think I am overly optimistic, but I have been prepared to put my money on that outcome.

At least my original post will have generated some constructive debate

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No worries. It's just that this pig has worn a LOT of lipstick in the past, and sometimes it's hard to tell if more is being applied.

Good luck. I have put my money into a powerball ticket for the big one tonight. I'm not sure which of us has the better odds. I think it's you... by a nose.

CCE Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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