My understanding is that they now have, or are developing, two different products:
1. Ceto 5 to be used as part of a renewables solution; incorporating wave power, desal, solar, battery storage etc. to get islands (Mauritius, Bermuda etc) off their current diesel and dirty platforms
2. Ceto 6 with a higher output, without desal, to tap in to the UK 'farms' and target the bigger industrial end of town
Ceto 5 solution to be rolled out and generate revenue first (2016 pending deals....) whilst they finalise Ceto 6, list on Aim and try to get connected to the UK farms in around 2017.
MO I believe is relocating to focus on product 2
CWE Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held