"...the second tranche of 40 mCHP units under the Soft-Pac project will be installed in the third quarter of this financial year."
Really has hoped these were going to be installed before years end. So Jan-March installation +12 months minimum means I doubt we will get meaningful news from E.On-Ideal tie up before very late 2014, more likely early 2015.
Good work on the R&D tax credit...will give us enough cash for 2 months. So with 4.1MM on hand, the R&D tax we only have enough cash to end of the year.
Interesting to see that we won a tender for 10 units and that didnt warrant its own release. It isnt significant so fair enough there was no announcement....but they need to get it out on their website or something.
Overall, sales volumes the same as 2011 despite over 3 months of subsidies in UK and Germany...sobering.
CFU Price at posting:
4.0¢ Sentiment: None Disclosure: Held