today's west business page 9, page-22

For me, a little hard to say. No doubt if the swedes get Carnarvon fired up we will see the SP rise. I believe they need to back it up quickly with a 2nd contract to solidify the SP in the short term. I would expect it to go 1c to 1.5c on successful commissioning of Carnarvon but if they follow up with more contracts it will go much higher. Back in 2009 SP went above 20c purely on positive sentiment and potential, don't think we'll see that again but if they do get this right we will see exponential revenue growth, then very hard to predict where the SP will go 12 months down the track. Back in 2009, ERJ predicted there were around 300 (I think) potential sites in Australia. I believe the exclusive marketing agreement with Opcon expires in 2015 so 2 years to get it right then who knows. Should be producing power this week which will be a major milestone, good luck to all!