cfu soars on electrical efficiency

Worth noting:

Sydney - Friday - February 20: (RWE Australian Business News) -
Ceramic Fuel Cells Ltd (ASX:CFU) has told the ASX a rise in its shares
of 10.4c to as high as 16.5c today followed yesterday's announcement
that the company had achieved electrical efficiency of 60pc from one of
its natural gas powered fuel-cell home appliances while exporting
electricity to the grid.
As previously announced to the market, most recently on January
30, the company is pursuing several options to secure additional
funding, including seeking new cornerstone investors in a number of
countries and seeking financial support from governments.
Those discussions have not yet resulted in any agreement.
The company's accounts for the half-year to December 31 are due
for release by Friday February 27.
Based on current information, those accounts may include further
impairment charges to reflect the current market value of the company's
financial investments.
The details of any impairments depend on market pricing, which
the company is in the process of compiling.