50% down after the oversubscribed cap raise would be smashing investors confidence totally. Well... we will all find out the current status in the Feb report hopefully...There are so many unknowns indeed. Ceto 5 was to generate energy and produce water for the naval base with the army contract in place. Why would cwe give up this revenue? Why would the base give up their rights to get the energy and water after so many anns to the press, so much public money spent on grands, security checks etc. It all does not make sense... I know that the government may be light handed by spending public money on different project but my understanding is cwe has also got some serious private investors who would definitely be exiting right now if that were the SP prospect... still holding with sentiment to hold.
Unfortunately there was no another miracle at the end of Friday's trading...
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