Gross margins are in the order of 70%, a profitable business indeed. The projects are fully funded no capital raising is needed and the company has stated it cannot see a time in the future where it will be. Equipment maintenance is negligible, these generators have been used in Europe for a long time and have a proven track record for reliabilty in much harsher wind conditions than the south coast of Victoria
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Gross margins are in the order of 70%, a profitable business...
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Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
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