>I guess it's now becoming clearer with each year that passes
>why they didn't get the government grants and why the
>chairman ran away--they were nowhere nearly ready to
>ommercialise this pipedream--and still are not--shareholders
>were absolutely shafted
GDY got a massive grant and look at the shambles that project has turned into. Interesting fact:
GDY close day grant 6/11/2009: 0.91 Today 0.33 (64% loss)
CWE 1 month prior to 6/11/2009: 0.22 today 0.095 (57% loss)
And from my brief research they've had only 1 capital raising while we've had 2.
IMO the grant was given to those projects that had the most political swing and bigger financial backers rather than the most promising technologies. CWE is ready, moreso than other unproven technologies, just need a bit more cash.
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