Just what the doctor ordered. This is the perfect opportunity,...

Just what the doctor ordered. This is the perfect opportunity, in the perfect place for CNM to get it's first wave energy contract - if it gets this contract, and it has to have a very good chance IMO, everything else should follow on. Check out the links:

http://www.thewest.com.au/default.aspx?MenuID=146&ContentID=40136

http://www.wabusinessnews.com.au/en-story/1/56564/Renewable-energy-tenders-sought-for-Binningup-Desal-plant

Hopefully it also inspires some buying, even though the tender process wont finish until mid 2008 - maybe this announcement explains that weird 40% jump CNM had a few days ago which was against the trend of the broader market.

Anyone know what chance geothermal has of being a serious competitor in this location? Personally I'd be astounded if they didnt go with CETO, but not everything always goes to plan eh?