Hi DisBit lazy to find it but Carnegie maintains it expects to...

Hi Dis
Bit lazy to find it but Carnegie maintains it expects to be as cost effective as wind once in production which is the chepest form of remewable energy.

I love the company and the concept,I believe that the production cots will be amongst the chepest in the renewable energy market.

Cernegie will indeeed get the grants , the costs will come down and it will be a substantial player in the renewables field.

Short term,my concern is the value of these pioneer shares are not sustainable. There is a lot of money to be found,grants come with strings,what will be the dilution, Investec? REH, outstanding options.

Six months ago a capital raising at 12.5 c.

Two months ago a capital raising at 22 cents.

REH issued shares at 5c.

How can this be sustained? How long before the sophisticated investors jump as their register position shrinks?

I have reduced my holding so as not to be so exposed over the mext month

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