It is bad that the lights have gone out in Tassie, but good for CWE that there is a desperate need for alternate energy.
Unfortunately the same problems are occurring the world over. CWE can't get to them all just yet. Well, none of them to be more precise. Not until they prove that CETO 6 will work.
If that happens, CWE will have it's hands full. Perhaps so full that they will need an energy giant to help them out, or take them over.
Between now and the middle of the year we should know if they have the device that can do it.
It would help if the next quarterly report gives us a clear pathway to commercialisation.
CWE Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held