POW 0.00% 0.8¢ protean energy limited

Ann: Commencement of Trading on ASX and Company Update, page-43

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  1. 74 Posts.
    I was previously advised the production costs of each 1.5kw unit could be below 3k (without on-shore infrastructure). I'd assume with mass production it could be even less.

    The initial cost of 500k for the 30 buoy array I am sure has other costs involved and manufactured with manual tooling.

    That's why I have been so interested and positive on SHE/POW.

    I'm hoping and actively encouraging management in my own way to access more opportunities to be more pro-active. Actually funding shouldn't be a major problem at the moment if the right resources are tapped in to.

    I'll give the management and board a few more months to prove their worth. I hope to be pleasantly surprised and my decision vindicated.

    Cheers, GLTA and DYOR.
 
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