We've been beaten up badly but there has to be a way out for such a promising technology. The only thing i dont want to see is the fire-sale of 75% of the Garden Island project at a rate that dilutes the buggery out of our holdings, if that is not absolutely necessary.
If a better offer exists elsewhere for CWE, I say take it. If the navy wants to use the technology and WA govt wants the kudos then they can both "up" what they are offering to match any competing offers. If not, see you later. I know it looks like CWE is currently in the beggars position but i dont think that is actually the case - within a few months CWE will be a "chooser", not a "beggar".
We've been smacked in the face with the realities of big business, so the Navy, the WA govt and anyone else who wants to leverage off CETO for whatever political, techological or financial reason can kiss my behind if they dont offer the most attractive terms.
CWE Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
