Spoke to someone at the company. They said that they are still...

  1. Dis
    3,746 Posts.
    Spoke to someone at the company. They said that they are still backing 3 core areas
    a) waste heat
    b) ARW
    c) Aquaguardian

    The boxes for waste heat should be manufactured in 2010 and hit the geothermal sector in Japan. This is a defacto pilot for future production

    No detail on Aquadguardian and I didnt ask

    They see ARW as contributing cashflow to fund other developments. I guess they must be upbeat about it because it looks more like a cash sink to me. If they have done their sums right I guess they are aquiring it cheaply on a historical basis.

    I've dumped my WAS and am (amlost) free carrying the options (originally held WASPA). I'll see where they go with this.
 
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