RNE 14.3% 0.8¢ renu energy limited

Ann: Company update, page-8

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    I had reminded people here, forget hydrogen! Even in China, at1/5 labours costs vs Australia, nobody can make any profits from hydrogen projects. We have suspended all of hydrogen projects in which we’re involved in last few years.

    meanwhile it’s said that Australia will ban all of solar panels from China which is much cheaper actually. For RNE investors/ shareholders/ traders, imv they should have clearly known they RNE even can’t make any profits by developing solar farms, in contrast it lost $*** millions in the past. So, imv to believe a company which never made 1c profit from solar farm, then it will make money from hydrogen, this is a big joke.
 
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