What a joke. It turns out no money from the $500 mill renewable energy fund will actually be spent in the 2008-09 financial year! Not one cent!
How can Rudd & co claim any credibility when it comes to supporting promising new technologies?! I say bring back the libs $5mill election promise.
And why the hell were CNM brown-nosing the govt with that announcement thanking them for such a great budget, particularly the renewable energy fund. By mid 2009, when the first monies MIGHT become available, CETO should already be developed and in the water! Thanks Kev, for nothing.
And why didn't CNM make any reference to the 1bn Urban water fund? Is there another piece of detail that i havent seen that excludes CNM from snaring any of that money as well?
Something tells me that by early next week, 25c shares night not be looking so "sophisticated" to those Stripe Capital investors. CNM better pull a rabbit out of their hat quickly.
CNM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
