CWE 0.00% 4.2¢ carnegie wave energy limited

10% placement, page-7

  1. 17,368 Posts.
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    The only way it would not be a good thing, would be if the sp remained at current levels at the time the new shares were on offer. A successful PWEP would entice new investors to pay a higher price with the promise of future gains.

    There will be a snowballing effect once this project is finished and gets attention here and overseas. That exposure will open the way for partnerships both corporate and governmental to develop.

    The sp should get a free leg up with every grant or tax concession that comes CWE's way. There are countries desperate for renewable energy and freshwater that would be willing to pay for the right technology.

    All aspects including manufacture, deployment, energy and freshwater production and off take agreements can be demonstrated by PWEP.

    This project is critical as it will be the blueprint for much bigger and commercial projects.

    We are now waiting for MO to release the snowball, so that we can see it grow.
 
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Currently unlisted public company.

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