Yes, If a big energy company took on CETO, it could be done much more quickly. Lets hope Enel like what they see and combine it with offshore wind in cloudy europe. I think we all lost faith in management and new blood, enthusiasm or approach is needed. I have no doubt it is a hard job and MO has got us this far but he has been in the same position for a long time and may have become jaded. He certainly should not be talking down the commercial viability before one unit has been built. As far as I am aware all energy sources are subsidised to some extent. The future will be a mix of all energy types, the less carbon, the better. Of course we would be more forgiving if TAG\Mpower took off and made a profit and the sale might be the right thing to do long term but it looks awful right now. I do feel whoever is buying shares now are TAG holders, just a hunch. GLTA.
CCE Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
