CCE 2.56% 3.8¢ carnegie clean energy limited

Future viability, page-3

  1. 583 Posts.
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    CCE are now more than just wave (I guess that's what you mean by "dream") and they have been building stuff related to the microgrid side of the industry. We haven't seen any revenue but we are 2-3 weeks from seeing the last quarterly (4C) numbers so we should see something showing up then. If you can buy it might be a good time to get more, if money does come in and the burn rate is lowered things may move in a positive direction. Wave in 2019 will help SP too (18mths away though). If you were around when ceto5 was on the dock at Henderson and being installed things moved up fairly well.

    The dream will be reality soon enough. Maybe not soon enough for a lot of people. Ceto5 was real - Ceto6 will be a test bed too, hopefully performance allows the 2nd phase (20MW) to happen in the 20/21 season rather than being delayed till later....

    With wave keep in mind it takes a looooooong time. I saw a documentary and this wave company had their 1st test bed in some sound in Scotland that was 10yr in the making...

    as reillyblue said - Patience is the key... if you can, sit tight..... if you can't, sell...
    Last edited by KEG75: 12/04/18
 
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