at launch in january.Full production to begin in march.Tata actually need us as much as we need them as the market place is turning green very fast.Why reinvent the wheel when you can buy the units at a competitive price.Because Tata are global and every government is mandating carbon targets this deal may be a precursor to even larger unit sales than we are signed up to presently. Remember the US bill 1835 is on its way.(see pickens plan) Transport is 16 % of green house gas emissions.The States is sick of importing oil(creating a trade deficit of 700milion each yr.This in turn makes dollars less attractive and forces up bond rates (interest rates).Im thinking as soon as we are in the black ACE should establish a sales presence in the US.Ethanol has fallen from favour.In two yrs we will have 10 000 units on the road.Thats 14m in spares at the usual price .in three yrs its 18000 units etc work out the share price on that!
ACE Price at posting:
7.5¢ Sentiment: ST Buy Disclosure: Held
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