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10.3%

4.3¢ carnegie clean energy limited

Ann: Appendix 4C - quarterly, page-18

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martincooper

498 Posts.

20

01/02/18

12:36

Post #: 30735670
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Originally posted by Bakmaam90 ↑

Also looking at this from all points of view and keeping a stiff upper lip

The Albany Wave Energy Project will involve the design, manufacture and installation of a CETO 6
unit in Carnegie’s existing licence area offshore from Torbay and Sandpatch in Albany during the
2019/2020 summer weather window. Success of the initial project phase is planned to be followed
by a 20MW expansion which could in turn lead to a 100MW CETO wave farm at the site.

Isn't this really what we are all after, if we can just stumble to the finish line... or starting line depending on how you look at it and see 100MW of CETO in the water... realistically in 2024!!
5 years from now we can look back at today and smile...
The scary thing is 5 years from now is near 15 years of waiting... and that sux.

Come on folks... help me out here...

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Nothing we can do, you are spot on, it is a LONG waiting game. I keep saying, 25 cent in 5 years, although a bit less now because I first said that in November last year I think.

CCE Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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