one of the ‘twenty ideas that cud save world!', page-10

casper,

I think you do need to be careful about assuming that they have orders BECAUSE why else would they be building the plant.

They have no concrete orders, otherwise thay would have told us about it. The most concrete order they had was the Nuon one which was pulled with apparently no break fee. Aside from that they have a conditional order from EON UK, but as Jaded woudl happily point out, this appears less concrete than the flimsy Nuon order.

So clearly the company is CONFIDENT of future concrete orders, but that is different to actually having them.

On the subject of larger scale SOFC devices to compete with coal-fired power stations, this is a VERY, VERY long way off. I asked about this at the Shareholder Open Day in May and it was made very clear that, whilst possible, it is not a space CFU will even be looking at for some time. Simply too many technical issues associated with stack design relating thermal and chemical gradients, sealing and fuel and waste gas flow handling which make it not a simple task of increasing the size of stack or even increasing the number of stacks operating in parallel. Whilst possible they do not have enough technical resources to even consider this space.

Don't get me wrong, i am a holder and am positive, but try to keep our feet on the ground and don't base investment decisions on conjecture.

I may not agree with everything Jaded says, but he does know this stock better than many of the recent blow-ins!