Shane - Yes REH own the ACTUAL technology however CNM have the rights to utitlise it in any commercial project moving forward as well as a share in REH.
So essentially, CNM are still the main drivers behind the commercialistion of this technology and in OWNING and MANAGING projects utlising it. The cash flow from these projects could be enormous especially considering the carbon credits that could come from it down the line.
You will notice that Mike Ottaviano is the MD of both CNM and Seapower Pacific - the holding company of CETO.
Check out www.ceto.com.au as there is some great info.
- Forums
- ASX - By Stock
- CNM
- tankba
CNM
carnegie corporation limited
tankba, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)