Asked these questions after the recent announcement and Andrew Neilson replied today:
Dear CFCL,
As a long standing shareholder in CFU I was happy to read the announcement and BRR interview of the integrated units.
If I may, two questions come to mind,
1) To my mind, this is an extended trial of the gennex unit, please can you confirm. As such, any true volume orders are going to be another 1 or 2 years away.
2) The development of the integrated boiler with Bruns, is this exclusive to EWE or do you and Bruns have the right to market this product you have developed with Bruns to other utilities in Germany or elsewhere,
Many thanks in advance for providing what info you can,
Regards Andy
Hi Andy
Thanks for your note. In a sense it is an extended trial and EWE would want to see performance before placing larger orders - in the meantime of course we will sell to other customers, and continue to sell BlueGen. EWE has certain 'preferential' rights to the integrated product but broadly speaking Bruns and CFCL are free to market the product to other customers.
Trust this helps.
Regards
Andrew Neilson Group General Manager - Commercial CERAMIC FUEL CELLS LIMITED Tel: +61 (0)3 9554 2300 Email: [email protected] Website: www.cfcl.com.au
A mini power station in your home? www.cfcl.com.au/Bluegen
CFU Price at posting:
17.2¢ Sentiment: LT Buy Disclosure: Held