CWE carnegie wave energy limited

Ann: CETO Project Update , page-4

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    The post confirms our speculation as to the future direction of the company. They will now direct funds to the most lucrative sites overseas. May well be French territories. They have 200 million Euro annually in (AU$330 million) incentives to ocean power. This annual spend in comparison to Australian Government is exceptional. Tariffs Internationally are also higher. They are better spending their bucks where they get the biggest bang.
 
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