Nice summary by Ottaviano. Its a good listen. 10 minutes well spent.
Now for my blatant ramp, following on from DA's summary above - where else on the ASX can you find a stock with such potential? It ticks all the boxes...
o Climate change and future proof as it produces emission free, renewable, baseload energy
o Recently obtained multi-million dollar/euro grants from three worldwide governments, Australia (WA only so far), France and Canada and possibly more to come
o Potential market leader in a potentially enormous, emerging global market
o Three revenue streams planned - building, owning and operating power generation projects; licencing CETO IP to third parties; and providing CETO services
o Owner of the global IP (subject to SH approval)
o Risk-free JV and licence agreement with EDF EN, subsidiary of (arguably) the largest power company in the world, which includes up front capex payments of 1.5% per project in the northern hemisphere
o Potential for water desalination in the future
It doesn't get any better than this, IMHO.
Caveat: All subject to successful commercial demonstration, of course. This is still a speculative stock.
CNM
carnegie corporation limited
boardroom radio interview m. ottaviano, page-3
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