POW 0.00% 0.8¢ protean energy limited

Ann: Trading Halt-POW.AX, page-26

  1. 7,465 Posts.
    lightbulb Created with Sketch. 99
    This from the 15 page presentation on the 11/5/2016

    "Deploy demonstration wave farm at Bunbury Port"

    "Has been designed to produce compresed air", connected to what?

    Fairly certain a "farm" requires a number of pieces.

    Hobby farms have one or two, maybe 3.

    ONE unit is not a farm

    Come on Management $500,000 was paid for this demonstration wave farm of 30 units, either get the cash back or get the units in the water.

    A pic of a bouy bobbing in the ocean does not acuratly show a "wave farm" as paid for and promised in many company announcements.
 
watchlist Created with Sketch. Add POW (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.