CXO 3.45% 14.0¢ core lithium ltd

Support for OZ inventors low

  1. 461 Posts.
    lightbulb Created with Sketch. 83
    Hi everyone,
    here is a link to an article showing the Australian inventors of alternative energy
    devices, get little support here.  This guy has invented an engine for  electric vehicles,
    and because he's NOT getting  Oz Angel Investors support - he's leaving for the US.

    https://www.bloomberg.com/news/arti...ilicon-valley-s-gain-as-australians-shun-risk

    Australia's Set to Lose a New Electric Engine to Silicon Valley

    BLOOMBERG  ASIA by  Michael Heath and  Angus Whitley
    January 13, 2017, 3:00 AM GMT+8
    • Investment in any promising innovation ‘scarce for a decade’
    • Australian venture capital activity about half 2009 levels
    For the cost of a Sydney home, Paul Evans would be able to market an electric car engine that could help put Aussie innovation back on the map. In risk-averse Australia, most investors would prefer to buy a house.

    Cheers

    Bluequartz
    Last edited by Bluequartz: 13/01/17
 
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