Yeah I saw that b_pat. Thought that was a great use perhaps not considered by many.
Have you noticed that the PCE bandwagon still rolls, slower than before but presumably waiting approval of the funding package recently announced.
Interesting that despite a "dumps" the price keeps coming back to around 5 cents. Seems someone (maybe plural) is accumulating to me.
Have we ever been told the KI installation is back working yet? I haven't seen anything and note that the accounts have a provision in the last financial year for the repairs. It must be getting near to being completed, although my guess is that the problem was difficult, and the contractual side extremely complex.
I note the Greenhouse Office is issuing a Paper telling participants in the Australian Energy Storage industry of the procedures for gaining grant cash. That should bring forward quite a few proposals I would think as the economics would surely change for the better! Maybe even taking away that "new technology" higher initial cost problem everyone is faced with.
I guess the key issue remains however how long Pinnacles shareholders are going to put up with not making profits. Recent sales suggest revenue might now come through the door, but in Australia's notoriously conservative market, sales penetration will be absolutely key.
In todays investment climate the company's directors couldn't answer a question of forthcoming revenue without significant personal risk, so any other ideas how we ask them at the forthcoming AGM?
PCE
pinnacle vrb limited
new battery sale to usa military, page-2
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