reunion island, page-10

I agree that disclosure is required.

If you put out a time frame, investors will naturally factor that into their investment decision-making. All efforts are required to meet that time frame and in the event that it is not met (due to unforeseen circumstances), the market should be told why not.

Jukes, IMO a disclosure is required irrespective of how it will be perceived. If s'holders are expected to be forgiving of CWE in how they meet their time frames and take on a she'll be right mate attitude to it all, then it is not surprising that CWE consistently fails to meet their own deadlines. And if that is the case, why even have a time frame?

In every line of business, there are time frames to be met in achieving objective, and naturally those business that meet time frames are successful and are held in high regard by all of their stakeholders, who need certainty and reliability in their dealings.

I would ordinarily be pleased by the statement that Reunion Island will have an operation single CETO unit by 30 June 2011. It can be construed from this that the offshore testing of the CETO unit in WA will be finalised well before then. I am not so sure now.

Interestingly there has not been a single trade today (as at 11:56 Sydney time.