While GE may be taking time to decide to commercialise, they are not wasting time in promoting the technology at CEO level, developing the site, securing local public support, employing project and specialist staff, allowing partners Camecon and Hitachi to spread the word and gaining the support of the new administration.
Why the softening in share price? More to do with solar I reckon. Spending $20m plus on two solar plants when neither has made money and when severe competition is looming (eg Spanish Coy interest in Mildura 150mw plant), may be unsettling some institutional nerves, who knows.
When will the sp rise? Very hard to predict. It was some time after the GE partnership was announced that it suddenly rose to $13 and only then after some influential US investor publications and brokers reports started circulating.
ie it could happen suddenly and without warning.
on a serious note, page-6
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