@ jaluma and others... re - "CFCL and E.On are continuing to work together to develop a range of product ..."
This is a + 4yr old story. E.On are looking like your typical big, bureaucratic organistation that struggle to do things on time or without major hurdles.
Sure, its encouraging that the partnership still evolves. But this partnership was expected to be yielding major sales in the 2012 calendar year. Instead, the one encouraging CONDITIONAL contract CFU had in their pocket looks to be lapsing. In its place another small order for Bluegens.
Hats off to management, they developed BlueGen as they obviously knew how slow the "partnerships" were developing and in turn the risk to their/our business.
But IMO, there hasn't been much good news. There has been an absence of bad news and then we have had the progression of the business in what can only be described as baby steps. I suspect that given the volume they have sold they would have been able to meet that demand out of the Melb Head Office. The German Manufacturing facility has been open for over 2 years and barely ticking over....
LEts just hope in 2012 we start to look as though we are in the position we thought we were in at the start of 2010. My assessment is that the company is in a riskier position than it was in mid 2010 as the world/industry climate looks to be moving far slower then CFU as a company
CFU Price at posting:
9.8¢ Sentiment: Hold Disclosure: Not Held
