CWE 0.00% 4.2¢ carnegie wave energy limited

While MO is sifting through Aquamarine's garage sale, he might...

  1. 17,556 Posts.
    lightbulb Created with Sketch. 1235
    While MO is sifting through Aquamarine's garage sale, he might have a look at their patented anchoring system.

    http://www.freepatentsonline.com/y2010/0296875.html

    "A method of installing an underwater foundation, suitable for use in supporting or anchoring wave or tidal energy capture devices is provided. The method comprises providing a foundation unit (1) equipped with a submersible drilling rig (16); placing the foundation unit (1) on the bed (50) of a body of water at a selected location; activating the submersible drilling rig (16) to drill a plurality of pile holes (56) in the bed of the body of water; and securing the foundation unit (1) to the bed of the body of water by means of piles (54) or tendons, inserted in pile holes (56) and secured to the foundation unit (1). A foundation unit (1) and a submersible drilling rig (16) for use in the method are also provided."

    Even if they did not have the resources or inclination to buy the patent, they could contract whoever buys it to do the work.
 
watchlist Created with Sketch. Add CWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.