Tankba,
On your advice, I have been doing some research on CNM. The CETA technology is a great idea but who owns it?
I found this extract from Nov 06 announcement:
“UK-based Renewable Energy Holdings' Perth-based subsidiary Seapower Pacific Ltd has taken a step towards full commercialisation of its CETO wave-power machine.
NOTE: The CETO technology is being developed by the UK-based Renewable Energy Holdings' Perth-based subsidiary Seapower Pacific. The Perth-based clean energy company Carnegie Corporation co-developed the technology before selling it to REH. Carnegie remains a shareholder in REH and has participation rights in future REH projects.”
What stake does CNM have in Renewable Energy Holdings?
I will keep looking, but thought you might be able to tell me.
Regards,
Shane.
CNM
carnegie corporation limited
